Shared Ownership Schemes

(asked on 14th July 2015) - View Source

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

To ask the Secretary of State for Communities and Local Government, if he will take steps to promote shared equity housing as a preferred housing tenure with (a) local authorities and (b) registered providers; and if he will make a statement.


Answered by
Brandon Lewis Portrait
Brandon Lewis
This question was answered on 20th July 2015

Between April 2010 and March 2015 we have delivered 41,000 new shared ownership homes. Shared ownership is an integral part of the Affordable Homes Programme and we will continue to encourage providers and local authorities to consider shared ownership as a way to meet the needs of households who aspire to home ownership but may otherwise be priced out of the market.

The Landlord and Tenant Act 1985 provides rights and protections for service charge payers, including those purchasing under shared ownership. The Act states that only relevant costs shall be taken into account when determining a service charge to the extent that they are reasonably incurred, and where incurred on the provision of services or works, only if the services or works are of a reasonable standard. Where they are believed to be unreasonable, leaseholders have the right to challenge them at the Property Chamber of the First-tier Tribunal.

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