Calls for Social Landlords to Develop 'Multiple Shared Ownership Products'

Rethinking the way social landlords approach shared ownership is one of a number of key policy reforms that could help alleviate the housing crisis, argues a new book published this week by the Fabian Society. It's one strand of thinking in the book 'Homes for Citizens' - which was published in partnership with housing association Moat and homelessness charity Crisis - that would go someway to achieving a better balance between renting and homeownership. By developing multiple products to cater for different groups - such as those for younger people, those in ‘secure’ employment but on lower incomes, and those on above-average incomes who nevertheless struggle to save for a mortgage deposit - landlords could better serve the aspirations of their communities, it says. Getting the balance right between renting and homeownership will be key to winning over the squeezed middle at the next election, the book concludes. Read more on 24dash.