Shared Ownership Now Seen As A Key Route Onto Housing Ladder

Shared Ownership 2.1, published by the Chartered Institute of Housing and Orbit, highlights the progress of shared ownership, which offers potential buyers the chance to purchase part of their home and then pay rent on the remaining share. The report shows the tenure is affordable across the vast majority of the UK, that it is significantly over-subscribed and that the sector has capacity to build many more homes. It also reveals shared ownership is now one of the best known ways of getting onto the housing ladder, with some 34% of the 2,200 adults polled saying they knew about shared ownership, compared to 32% who knew about right to buy and 28% who knew about the Help to Buy equity loan. Download the report from the CIH website.