Shared Ownership Schemes

(asked on 5th March 2024) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, what steps he is taking to increase access to shared ownership properties for potential buyers who have inherited a property or part of a property that they cannot or are unable to sell, but which is not suitable for them to live in.


Answered by
Jacob Young Portrait
Jacob Young
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 13th March 2024

The provision of affordable housing is part of the Government’s plan to build more homes and provide aspiring homeowners with a step onto the property ladder. Our £11.5 billion Affordable Homes Programme will deliver thousands of affordable homes for both rent and to buy right across the country, including new shared ownership homes.

If a beneficiary inherits a shared ownership home that it is not suitable for them to live in, we advise that they discuss their sale options with the home’s landlord, including how best to market the home and if the landlord can help to identify eligible buyers.

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