To ask the Secretary of State for Housing, Communities and Local Government, what plans the Government has to introduce a right to shared ownership for housing association tenants; and what assessment he has made of the potential effect of such proposals on the provision of affordable housing in perpetuity.
13 January 2020
The Government is committed to delivering home ownership to more people including those who currently cannot access it. That's why on 17 October, the government announced a new Right to Shared Ownership for Housing Association tenants.
The Right to Shared Ownership will apply to all new rental homes delivered through Government grant funding where perpetuity provisions do not apply. A Right to Shared Ownership sale will result in Government subsidy being recycled to support the delivery of future affordable homes to help meet the need of future generations.