Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, with reference to the Answer of 28 October 2015 to Question 13154, on shared ownership schemes, what steps his Department has taken to promote shared ownership in high value areas since 2015.

The Government is providing substantial support to build more affordable homes to meet the housing needs of a range of people, including those with aspirations of home ownership. We understand Shared Ownership has an important role to play to help those who aspire to home ownership but may be otherwise unable to afford it, especially in London and other high value areas. This is why we are investing over £9 billion in affordable housing through our 2016-21 Affordable Homes Programme, which includes a £3.15 billion package of funding for London to deliver at least 90,000 new affordable homes.

Our programme is ramping up, we have delivered over 357,000 affordable homes since 2010, and the number of Shared Ownership homes delivered has more than doubled from 2015-16 to 2016-17.

Since 2015, more than a quarter of the Shared Ownership homes delivered nationally have been delivered in London.