Shared Ownership

Housing, Communities and Local Government Committee Closed Inquiry
Opened: 19 Jul 2023 Closed: 28 May 2024 Parliament page
The LUHC’s Committee’s inquiry will examine the challenges associated with shared home ownership schemes, including barriers to achieving full home ownership and whether shared ownership is genuinely an affordable route to owning a home. The Committee is also likely to explore challenges around reselling, affordability issues such as service charges … Read more
17 Recommendations
8 Conclusions
1 Report
2 Oral sessions
4 Letters
2 Events
Activity timeline 10 events
23 May
2024
Report published
28 Mar
2024
Report published
20 Feb
2024
Correspondence
30 Jan
2024
Correspondence
30 Jan
2024
Correspondence
17 Jan
2024
Correspondence
18 Dec
2023
Oral evidence
18 Dec
2023
Formal meeting (oral evidence session) · The Grimond Room, Portcullis House
4 Dec
2023
Oral evidence
4 Dec
2023
Formal meeting (oral evidence session) · Room 8, Palace of Westminster
Oral evidence sessions 2 sessions
18 Dec 2023
View on parliament.uk
Oral Evidence
Emma Payne · Department for Levelling Up, Housing and Communities The Baroness Penn · Department for Levelling Up, Housing and Communities
4 Dec 2023
View on parliament.uk
Oral Evidence
Clare Miller · Clarion Dr Alison Wallace · Centre for Housing Policy, University of York Helen Spencer · Great Places Housing Group Oliver Boundy · Anchor Professor Stanimira Milcheva · University College London Steve Collins · Rentplus-UK Sue Phillips · Shared Ownership Resources
Title HC No. Published Items Response
Fifth Report - Shared Ownership HC 61 28 Mar 2024 25 Responded
Recommendations & Conclusions
2 results
Clear
8 Conclusion Deferred
Fifth Report - Shared Ownership
Unfair rent charges imposed on OPSO owners with less than 75% equity.
It is unfair that OPSO owners with shares of less than 75% are liable to pay rent on the entirety of the landlord’s equity in the property, while those who own the maximum 75% share pay no rent at all.
Government Response
The Government is looking forward to receiving the report of the independent Older People’s Housing Taskforce in due course, and will of course consider their recommendations carefully, including any regarding OPSO.
Ministry of Housing, Communities and Local Government
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9 Recommendation Deferred
Fifth Report - Shared Ownership
Require Older People’s Housing Taskforce to recommend OPSO reform regarding rent on equity.
As part of its report, the Older People’s Housing Taskforce must include recommendations for reform of OPSO, focussing on the potential merits of changes to ensure that no rent is charged for the top 25% of equity, regardless of the … Read more
Government Response
The government states it looks forward to receiving the Older People’s Housing Taskforce's report and will consider its recommendations carefully, including those on OPSO, but does not commit to the Taskforce including specific recommendations as requested.
Ministry of Housing, Communities and Local Government
View details
Government Response AI assessment · 25 of 17 classified
Accepted 7
Accepted in Part 6
Acknowledged 5
Deferred 2
Rejected 5
Total 17 recs + 8 conclusions
Correspondence 4 letters
20 Feb 2024 To committee Letter from Shared Ownership Resources to the Chair regarding a follow up to oral evidence on shared ownership, dated 13 February 2024
Parliament page
30 Jan 2024 To committee Letter from the Chief Executive of Rentplus to the Chair regarding the Committee’s inquiry into Shared ownership, dated 19 December 2023
Parliament page
30 Jan 2024 To committee Letter from the Minister for Housing and Communities to the Chair regarding the Committee’s inquiry into Shared ownership, dated 24 January 2024
Parliament page
17 Jan 2024 To committee Letter from the Chair to the Parliamentary Under Secretary of State for Housing and Communities relating to an oral evidence session on shared ownership, dated 17 January 2024
Parliament page