Consultation outcome: Private shared homeownership: call
for proposals
From:
Ministry of Housing,
Communities & Local Government, HM Treasury,
and Department for Levelling
Up, Housing and Communities
Published
29 October 2018
Last updated
5 January 2023 — See all updates
This consultation has concluded
Detail of outcome
The consultation is now outdated and policy has moved on. The
government published its approach to home ownership in
the Levelling Up White
Paper, which includes policies to support first time buyers
(such as Shared Ownership and First Homes) and working with the
lending industry to maximise the availability of low deposit
mortgages.
Original consultation Summary
Seeking proposals from private investors, delivery organisations
or partnerships between them to provide new routes into
affordable homeownership.
This consultation ran from
29 October 2018 to 11:45pm on 1 February 2019
Consultation description
We would welcome proposals in 3 categories:
- private shared ownership which would be primarily privately
funded
- other private affordable homeownership products which should
be primarily privately funded
- other innovative routes into homeownership which do not
require government investment but may require the removal of
regulatory or other barriers
Proposals should not rely on government grant funding, government
guarantees or developer s106 contributions.
We are particularly interested in private shared ownership
proposals where we believe government loan funding will play an
important part in removing the risk and financial uncertainty
created by staircasing. (Staircasing is the term given to buying
extra shares in a shared ownership property.)
Documents
Innovation in affordable home
ownership: a call for proposals for private shared
ownership
Ref: ISBN 978-1-4098-5349-7PDF, 314
KB, 8 pages
