Shared ownership inquiry - Levelling-Up Committee publishes written submissions ahead of opening evidence session

• Inquiry: Shared ownership
• Read the written evidence

The written evidence published today, includes evidence from those with first-hand experience of shared ownership, academics, registered providers of shared ownership and others.

The written evidence submissions cover a range of issues relating to affordability and value for money, the complexity of shared ownership leases, and matters concerning complaints, property condition, charges and estate management.

At Monday’s evidence session, the cross-party group of MPs will question stakeholders (full witness list included further below) from across the sector, including academic experts in affordable housing and registered providers of shared ownership products.

The MPs are likely to examine both the experiences of users of shared ownership products, including examining challenges with affordability, as well as provider views on shared ownership products; how they may be improved, and how shared ownership fits into the Government’s wider plans for affordable housing.

The shared ownership model enables people to buy a share in a property, usually from a Housing Association, and pay subsidised rent on the rest. Sometimes known as ‘part buy, part rent’, shared ownership requires a smaller deposit and mortgage, making it, in theory, a more affordable route into home ownership.

This will be the first of two sessions; the second session will give members the opportunity to put questions to a Minister from the Department of Levelling Up, Housing and Communities on shared ownership based on the written and oral evidence received to date as part of the inquiry.

See the shared ownership inquiry full terms of reference.

The LUHC Committee’s inquiry will be focussing on the Shared Ownership scheme in England.

Evidence session – Monday 4 December, 16.00

Watch live on parliamentlive.tv

Witnesses

From 16.00

• Alison Wallace, Senior Lecturer in Social Policy and Housing, University of York
• Sue Phillips, Founder, Shared Ownership Resources
• Steve Collins, CEO, Rentplus

From 17.00

• Clare Miller, Chief Executive, Clarion Housing Group
• Helen Spencer, Executive Director of Growth, Great Places Housing Group
• Oliver Boundy, Executive Director of Development, Anchor
• Stanimira Milcheva, Professor of Real Estate Finance, University College London

Further information

• Levelling Up, Housing and Communities Committee
• About Parliament: Select committees
• Visiting Parliament: Watch committees

Image credit: Elspeth Keep/UK Parliament