Source · Select Committees · Housing, Communities and Local Government Committee
Fifth Report - Shared Ownership
Housing, Communities and Local Government Committee
HC 61
Published 28 March 2024
Recommendations
9
Deferred
Require Older People’s Housing Taskforce to recommend OPSO reform regarding rent on equity.
Recommendation
As part of its report, the Older People’s Housing Taskforce must include recommendations for reform of OPSO, focussing on the potential merits of changes to ensure that no rent is charged for the top 25% of equity, regardless of the …
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Government Response Summary
The government states it looks forward to receiving the Older People’s Housing Taskforce's report and will consider its recommendations carefully, including those on OPSO, but does not commit to the Taskforce including specific recommendations as requested.
Ministry of Housing, Communities and Local Government
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Conclusions (1)
8
Conclusion
Deferred
Para 79
It is unfair that OPSO owners with shares of less than 75% are liable to pay rent on the entirety of the landlord’s equity in the property, while those who own the maximum 75% share pay no rent at all.
Government Response Summary
The Government is looking forward to receiving the report of the independent Older People’s Housing Taskforce in due course, and will of course consider their recommendations carefully, including any regarding OPSO.