Consultation outcome

New national model for shared ownership

• From: Ministry of Housing, Communities & Local Government (2018 to 2021)
• Published: 28 August 2019
• Last updated: 8 September 2020 — See all updates

This was published under the 2019 to 2022 Johnson Conservative government

Applies to England

This consultation has concluded

Read the full outcome

Making home ownership affordable: government response to the discussion paper

PDF, 216 KB, 9 pages

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Detail of outcome

Following the discussion paper on the proposed changes to the Shared Ownership model, we have summarised all responses received and set out the government’s response. The document also sets out key policy changes which will be coming into effect with the new model for Shared Ownership. A technical consultation and update to the model lease will follow.

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Original consultation

Summary

This discussion document seeks views on a new national model for shared ownership.

This consultation ran from
9:30am on 28 August 2019 to 11:45pm on 29 September 2019

Consultation description

The government is reviewing a new national model for shared ownership to make it easier for people to buy more of their own home, including allowing them to buy in 1% increments.

We are seeking views on:

• making it easier to increase the share you own: allowing owners to purchase shares in much smaller increments
• making it easier to sell your home: by giving the owner more control over the sales process
• making it easier to get a mortgage: by ensuring there is one preferred national model for shared ownership

Documents

Making home ownership affordable: discussion paper

PDF, 201 KB, 13 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 28 August 2019
Last updated 8 September 2020 + show all updates

1. 8 September 2020

   Added summary of responses and government response to the discussion paper proposing a new model shared ownership.

2. 28 August 2019

   First published.