Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, if he will make it his department's policy to help more families get on the housing ladder by (a) increasing the maximum household income limits for shared ownership properties to £110,000 outside London and £130,000 in London and (b) introducing an intermediate South East limit of £120,000.
To purchase a Shared Ownership home, applicants must have a gross household income of £90,000 or less in London, and £80,000 or less across the rest of the country. Applicants must also be otherwise unable to purchase a suitable property to meet their housing needs on the open market. If my Rt. Hon. Friend has evidence to which he would like to draw our attention, I would welcome him writing to me.