Promoting Shared Ownership

Shared ownership plays a number of important roles:

  • it boosts asset ownership and helps people achieve their home ownership aspirations
  • it meets serious housing needs, allowing couples to move out of parental homes, single people to move out of friends' homes, overcrowded households to get the space they need, and so on
  • it reduces reliance on the severely rationed social rented housing stock
  • it frees up social homes as social tenants are prioritised for purchases
  • it helps create more mixed and socially and economically balanced communities
  • it helps government to develop thousands of extra affordable homes each year

Over the coming years, we believe England's growing population and consistently low supply of new housing will mean much larger numbers of people who cannot get social rented housing, yet cannot afford to buy in the open market. Shared ownership can meet the needs of many of these people, if government and lenders invest in it.

The documents you'll find on the linked pages below show just what a powerful product shared ownership is for the housing market, now and for the future.

Promoting Shared Ownership: an initiative by 22 leading housing association providers (in 2010) to promote the role and value of shared ownership as a vital part of the housing market to government, politicians, policymakers and other social policy influencers.

If you are a first time buyer seeking more information about shared ownership and other HomeBuy options, please visit www.HomeBuy.co.uk.

For more information about Promoting Shared Ownership please contact:

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Yvette Ruggins - 020 7378 5562 or 07785 517460

Marilyn DiCara - 0845 359 6372 or 07808 733678

(This webpage last updated on 23 March 2012)

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