To ask the Secretary of State for Housing, Communities and Local Government, how many shared ownership properties have been staircased to 100 percent ownership in the last (a) five and (b) ten years in England.
Answered on
8 December 2020
We have launched the new model of Shared Ownership which will make it easier for shared owners to buy more of their home, including in 1 per cent tranches with heavily reduced fees.
At present, the Ministry of Housing, Communities and Local Government does not hold the requested data regarding the uptake of staircasing in Shared Ownership homes. However, from next year we will start recording some more detailed information on staircasing whilst implementing the new model of Shared Ownership.