"If shared ownership is a pathway to home ownership, it is a very rocky one.
It is definitely a home owner’s dream that turned into their worst nightmare."
Shared owners are tired of government excuses.
Time is up.
#UKhousing
🆕 The Housing Select Committee has published its report on homeownership affordability.
It concludes:
👉 "Shared ownership (...) is not a long-term affordable option for many of the buyers to whom it is marketed."
🧵
The Committee calls out the gap between the label and the reality of "affordable housing".
💯
Peers challenged the Minister on shared ownership this week.
Lord Fuller didn't hold back:
"This has been sold to people (…) as a lower-cost way of getting their foot on the ladder."
"One might go so far as to suggest that there has been a degree of mis-selling here."
This is what the new Select Committee report says about shared ownership, in full.
MPs note that changes to the scheme do not benefit existing shared owners.
Our position is clear
@matthewpennycookmp.bsky.social, the shared ownership scheme should not be marketed as affordable housing.
"The government shouldn’t really need a 73-page report in the current environment to realise that (...) even the sector’s much-coveted shared ownership model is “not a long-term affordable option for many of the buyers to whom it is marketed”."
www.insidehousing.co.uk/insight/the-...
The Committee recommends that Government adopt a definition of 'affordable housing' that works for people, not just for planning.
Video
“Trapped and overwhelmed… no end in sight.”
5+ years in limbo. Another example of the failing Developer Remediation Contract and lack of grip.
Ministers and senior officials offer warm words while searching for excuses not to do the right thing.
And they call this "change”?
Nine years since Grenfell.
Keir Starmer said its legacy would be one of the defining changes of his premiership.
That promise has not been kept.
Hundreds of thousands remain trapped in unsafe, unsellable homes.
We are asking for an urgent meeting.
Read our letter ⬇️
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This is what the new Select Committee report says about shared ownership, in full.
MPs note that changes to the scheme do not benefit existing shared owners.
Our position is clear
@matthewpennycookmp.bsky.social, the shared ownership scheme should not be marketed as affordable housing.
The Shared Owners' Network
The Shared Owners' Network
The Shared Owners' Network
The Shared Owners' Network
The Shared Owners' Network
The Shared Owners' Network
The Shared Owners' Network
End Our Cladding Scandal
End Our Cladding Scandal
The Shared Owners' Network
Leaseholders of a London development have seen the value of their flats fall by £100,000 due to a five-year delay in the removal of unsafe cladding from the building’s external walls
