Written questions

Shared Ownership Schemes: Rents

2026-07-07 · Ministry of Housing, Communities and Local Government · 16966 · Official question

Catherine West

Question

To ask the Secretary of State for Housing, Communities and Local Government, what assessment his Department has made of the equitability of the shared ownership rent formulae.

Answer

Shared ownership rents are set through lease agreements between shared owners and their landlords and are typically subsidised. Providers are generally encouraged to set initial rents at no more than 2.75% of the value of the unacquired share. For new sha...