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Experts gather to discuss the implications of new research on shared ownership

Posted on 21 July 2015

Launched by Lord Richard Best in the House of Lords

The report was also featured in the Housing Network section of The Guardian newspaper with an article by Hannah Fearn entitled:

'Shared Ownership Homes leave Buyers Frustrated and Out of Pocket' - The Guardian Friday 3rd July 2015

The Leverhulme Trust have funded research into current practices of shared ownership in the UK and the findings were launched on Thursday 2nd July 2015 at the House of Lords in an event sponsored by the ESRC.

Lord Richard Best, a prominent member of the House of Lords who speaks on housing issues, hosted the launch. It was an opportunity to discuss the reforms to shared ownership that are necessary to ensure that the hybrid tenure can make a more significant contribution to overcoming constraints in present day housing markets. 

Alison Wallace who worked on the research says "It is apparant from our research that there needs to be clear consistent marketing of shared ownership homes, so people understand exactly what they are buying, the benefits as well as the limitations."

house of lords terrace Lord Best Alison Wallace

The event was attended by 25 people comprising chief executives, directors and staff of housing associations who develop shared ownership housing, senior lawyers and judges, mortgage lenders and academics.

Professor David Cowan, University of Bristol, presented the findings of our research. Agencies responsible for enabling shared ownership housing in London and the rest of England, The Greater London Authority and the Homes and Communities Agency, also presented their plans in respect of shared ownership housing and responded to the report.

Jules Birch, a freelance journalist who writes about housing and social policy chaired the event.

The report is entitled "Reconciling owning and renting in shared ownership housing: moving forward" and is available here:

Blog on shared ownership written by the research team

Opinion: Is shared ownership weak? By David Cowan, Helen Carr and Alison Wallace in 24dash - social housing and public sector news website. 8th October 2015

 

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