Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 20
20
Encourage providers to update terms of old shared ownership leases with financial incentives.
Recommendation
The Government should encourage providers to voluntarily update the terms of their ‘old’ shared ownership leases (for properties delivered under the 2016–2023 programme), particularly the minimum 990-year lease length and the 10-years repair period, and consider offering financial incentives for providers to do so. (Paragraph 101) Repairs, maintenance and fees
Government Response
A response document is linked to this report, dated 23 May 2024. Response attribution to this recommendation has not been verified. Read the response document ↗