The Shared Owners' Network
@SharedOwnersNet
Uniting shared owners. We campaign to make our homes affordable & our landlords accountable. Join ➡️ http://tinyurl.com/SharedOwnersNetwork #SharedOwnership
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🆕 The Select Committee is asking important questions about the Older Persons Shared Ownership (OPSO) scheme and notorious for-profit registered provider McCarthy Stone 👇
We've written to @AngelaRayner and to McCarthy Stone to follow up on issues raised at our recent evidence session on housing for older people, including concerns about the level of information available to buyers on service charges.
Not only is it the way to give the SO tenants their lives back, it would immediately increase the stock of social housing following a change in tenure @angela
Same here. Unfortunately the Govt isn't monitoring what happens to shared owners once they've bought their initial share. And yet shared ownership is still marketed as 'affordable housing'. IMHO homes are often mis-sold. It's time for MPs to scrutinise what's going on.
Shared Ownership Resources welcomes the @LondonAssembly report on living as a leaseholder. In our response we assess whether anything is missing, and ask what it would take for the report to 'have teeth'. #SharedOwnership sharedownershipresources.org/campaigning/co…
🔴 BUYBACKS 🖋️ @LKPleasehold "given the complexity and unbalanced nature of shared ownership (...) an obligatory buy-back scheme should be imposed on all shared ownership providers" We agree. Funding shared ownership buybacks should be a govt priority. leaseholdknowledge.com/leaseholders-s…
As the government has vowed to abolish leasehold, I'm not sure how shared-ownership can still be an option.
More generally, if you want to give FTBs the confidence and ability to get in the market, you need to fix the lower rung of the ladder, which is currently tarnished by leasehold, shared ownership etc. 2/2
Why do politicians (from both parties) think as solution is more leverage? help to buy, shared ownership, higher debt-to-income ratio, all these things do is inflate the purchasing price, while the first time buyer lives with smaller margins for a long time.
Because the first rung of the housing ladder, flats, is generally shared ownership the process of starting out has stalled and in most cases just stopped. With service charges and insurance out of control nobody is buying. Hence first rung gone.
Except...you haven't actually done that, have you? We're still trapped in unsafe unaffordable mis-sold shared ownership flats that we can't get out of
I just want my housing association to buy back my shared ownership flat so they can rent it to someone else affordably
🔎 "The Government is aware that some people who have entered shared ownership have faced significant challenges with their properties and there is ongoing consideration of what more can be done to improve the experience of shared owners" #UKhousing questions-statements.parliament.uk/written-questi…
Have your say until 29 August on the @CommonsHCLG select committee new inquiry into the affordability of home ownership 👇🏾
We've launched an inquiry into the affordability of home ownership in England. We'll look at the barriers for first-time buyers, the effectiveness of Government support schemes and whether existing routes to affordable home ownership are providing genuinely affordable homes.
📢 NEW INQUIRY The @CommonsHCLG committee asks whether shared ownership provides a genuinely affordable route to owning a home. 🗓️ Deadline: 29 August 2025 👇👇👇
We've launched an inquiry into the affordability of home ownership in England. We'll look at the barriers for first-time buyers, the effectiveness of Government support schemes and whether existing routes to affordable home ownership are providing genuinely affordable homes.
Shared Ownership is the emperor’s new clothes of homeownership. Once in, the illusion falls away leaving you indebted @joshkirbywrites @Telegraph telegraph.co.uk/money/property…
Who would have thought that building excessive numbers of poky, fleecehold properties under dodgy shared ownership schemes would end so badly?
Sales of new-build homes in London have slumped to their lowest level since the global financial crisis , with a 30% year on year drop over the same period
Except when it comes to leaseholders and shared owners (who own a small share but are liable for 100% of the costs and have to pay rent).
Labour is the party of home ownership. cityam.com/reeves-eyes-bo…
Jennifer Docherty thought she had struck gold when she and her husband bought a two‑bed flat through shared ownership. But fast forward 17 years, she now regrets the decision Read more: trib.al/Upi41UO
Are you having a nightmare trying to sell your home in London as the market slows to a crawl? If so, I'd be interested to hear from you #journorequest