Threads / Home Buying and Selling Reform / Private shared homeownership: call for proposals
Consultation Outcome Published 5 Jan 2023 Department for Levelling Up, Housing and Communities HM Treasury Ministry of Housing, Communities and Local Government ↗ View on GOV.UK

Private shared homeownership: call for proposals

Seeking proposals from private investors, delivery organisations or partnerships between them to provide new routes into affordable homeownership.

Opened 29 Oct 2018
Closed 1 Feb 2019
▤ Verbatim text from source document

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.)