@ZahrahAullyboc2@mtpennycook@CommonsHCLG We raised concerns with Kate Webb that raising the upper income threshold may help with resales (where potential buyers can’t meet both eligibility & affordability criteria) but that the policy largely benefits more affluent buyers, not shared owners facing affordability issues.
Minister of State for Housing and Planning, @mtpennycook, has published a statement on shared ownership. We are pleased to see buyback included (link to our buyback report in comments). We will publish a more detailed response in due course.
@CommonsHCLG
https://t.co/U49IaKDSVP
This week we met the Prime Minister's Special Advisor for Housing & Infrastructure at 10 Downing St to discuss concerns about shared ownership, including resale and buybacks.
Sign up for updates on our activities campaigning for a fair deal for shared owners. Link in comments.
Statement from our Chair, John Mayford, on the Government’s move to remove a statutory review of shared ownership from the Social Housing Bill.
#SharedOwnership#SocialHousingBill@mtpennycook@mhclg
https://t.co/szVfFOP8Zl
'We inherited a retirement flat. We lost £63,000 after struggling to sell it - it was cruel'
Anne and Ashley Smith, both 62, inherited a retirement home after Ashley’s mum Beryl died at 91.
They tell @theipaper how it turned into a psychological nightmare and a financial burden @ResourcesShared@HomeOwnersAll@NLC_2019
https://t.co/Cbd3e13EK6
If you think it's important to have a statutory review of shared ownership, don't miss the deadline to tell the Public Bill Committee. This post explains how.
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https://t.co/FPvsGcWknP
We're disappointed that @mtpennycook has tabled an amendment to remove a review of shared ownership from the Social Housing Bill.
Do you think a statutory review is important. Check the next post on how to let MPs know.
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Shared Ownership Resources trustee, Michael D’Ambra, and I are on our way to 10 Downing Street to discuss our report, ‘Shared Ownership Insights: Buyback’. Stopped off for a quick coffee en route.
What do shared owners need about new-build sales prices, and valuations for staircasing, lease extension and resale? Check out our new 4-part Q&A with @HomesEngland.
https://t.co/RPJ3RY98HZ
"Buying on the open market was beyond my reach. Shared ownership appeared to offer an affordable route into home ownership. But now I am stuck, and it is difficult to obtain clear and transparent information about the buyback process."
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https://t.co/5cP5Vhw1hl
MPS will be reviewing evidence about shared ownership towards the end of October. If you want to comment, don't miss the opportunity! 🤔 ✍🏼
https://t.co/FPvsGcWknP
“Buying on the open market was beyond my reach. Shared ownership appeared to offer an affordable route into home ownership. But now I am stuck."
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https://t.co/XpPDFHGNBi