Consultation outcome

New national model for shared ownership

From:
Ministry of Housing, Communities & Local Government
Published
28 August 2019
Last updated
8 September 2020 — See all updates

Applies to England

This consultation has concluded

Download the full outcome

Making home ownership affordable: government response to the discussion paper

PDF, 216 KB, 9 pages

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Detail of outcome

Following the discussion paper on the proposed changes to the Shared Ownership model, we have summarised all responses received and set out the government’s response. The document also sets out key policy changes which will be coming into effect with the new model for Shared Ownership. A technical consultation and update to the model lease will follow.

Original consultation

Summary

This discussion document seeks views on a new national model for shared ownership.

This consultation ran from
to

Consultation description

The government is reviewing a new national model for shared ownership to make it easier for people to buy more of their own home, including allowing them to buy in 1% increments.

We are seeking views on:

  • making it easier to increase the share you own: allowing owners to purchase shares in much smaller increments
  • making it easier to sell your home: by giving the owner more control over the sales process
  • making it easier to get a mortgage: by ensuring there is one preferred national model for shared ownership

Documents

Making home ownership affordable: discussion paper

PDF, 201 KB, 13 pages

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Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.
Published 28 August 2019
Last updated 8 September 2020 + show all updates

  1. Added summary of responses and government response to the discussion paper proposing a new model shared ownership.

  2. First published.