Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 13
13
Accepted
Require Government to collect and analyse data on Right to Shared Ownership take-up.
Recommendation
The Government should actively collect and analyse data on Right to Shared Ownership, to better understand supply and demand for this emerging product. This data should include: the level of take-up of the Right to Shared Ownership; the characteristics of those who have exercised their right in this regard; the average share owned through Right to Shared Ownership; and the proportion of users staircasing to 100%. (Paragraph 73) Shared ownership leases
Government Response Summary
The government commits to collecting data on Right to Shared Ownership sales through its CORE dataset, which will include information on buyer characteristics, initial share purchased, and staircasing transactions, largely addressing the committee's request.
Government Response
Accepted
HM Government
Accepted
30. The Government will collect data on Right to Shared Ownership sales through its CORE dataset. As with any shared ownership sale, this includes information on the characteristics of buyers, the size of share purchased at the initial point of sale, and any further staircasing transactions. As noted above, we continue to explore ways to improve our data collection on various aspects of shared ownership. It is, however, essential that private registered providers ensure that they submit data to CORE in a timely and accurate way to assist the Government with its data collection and analysis.