The Shared Owners' Network

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Are you a shared owner?

Join our network to receive email updates:
🖇️ tinyurl.com/SharedOwnersNetwork

🆕 You can also follow our WhatsApp channel:
🖇️ whatsapp.com/channel/0029...

QR code for the Shared Owners' Network WhatsApp channel

Are you a shared owner?

Join our network to receive email updates:
🖇️ tinyurl.com/SharedOwnersNetwork

🆕 You can also follow our WhatsApp channel:
🖇️ whatsapp.com/channel/0029...

Great question!

Written questions and answers - Written questions, answers and statements - UK Parliament Information from UK Parliament on written questions & answers, written statements and daily reports.

A great question on shared ownership buybacks… and a Government response that completely sidesteps the issue.

#SharedOwnership

🖇️ Read it here:
questions-statements.parliament.uk/written-ques...

🔴 BUYBACKS

An excellent question from @ruthcadbury.bsky.social

❌ Minister @samanthadixonmp.bsky.social responds… but not to the question asked.

Instead, we get a copy-paste statement that will infuriate many shared owners.

🖇️ Link in next post

Thank you @ruthcadbury.bsky.social for this question, and for your ongoing support for shared owners.

In 2024, the Select Committee concluded that shared ownership was 'an unbearable reality for too many'. Monitoring outcomes for this cohort should be a priority for MHCLG.

a hand holding a cell phone with a whatsapp icon on it ALT: a hand holding a cell phone with a whatsapp icon on it

Are you a shared owner?

Join us to get our email updates. See link in bio.

🆕 You can also follow our WhatsApp channel.

🖇️ whatsapp.com/channel/0029...

#SharedOwnership
#UKhousing

I expected so much more of a @teamlabouruk.bsky.social government. We’re still stuck in our unsellable, unmortgageable flat in Hackney with no end in sight. #claddingscandal

Written questions and answers - Written questions, answers and statements - UK Parliament Information from UK Parliament on written questions & answers, written statements and daily reports.

❌ Government isn’t monitoring how many shared owners can’t sell or remortgage due to the building safety crisis, points to a 3‑year-old “pledge” few lenders follow, and say they won’t “help” further.

@nonqualifyinglh.bsky.social

questions-statements.parliament.uk/written-ques...

These are vital questions.

Every day, we receive new emails from shared owners whose lives have been torn apart by the building safety crisis.

🚫 The response from Minister @samanthadixonmp.bsky.social is particularly shocking.

🖇️ Link in next post.

a hand holding a cell phone with a whatsapp icon on it ALT: a hand holding a cell phone with a whatsapp icon on it

Are you a shared owner?

Join us to get our email updates. See link in bio.

🆕 You can also follow our WhatsApp channel.

🖇️ whatsapp.com/channel/0029...

#SharedOwnership
#UKhousing

Will there be meaningful change on the key issues of non-cladding defects, non-qualifying leaseholders, extortionate buildings insurance or shared ownership buybacks in 2026?

We aren’t holding our breath.

#BuildingSafetyCrisis

📤 Our next email update will focus on subletting and buybacks.

Are you a shared owner?

Join us ⬇️

🔗 tinyurl.com/SharedOwnersNetwork

Today we met with Building Safety Minister @samanthadixonmp.bsky.social

We requested:

👉 better information on gov.uk for shared owners impacted by the building safety crisis

👉 a rethink of the RICS valuation system for resales

👉 a buyback scheme for unsellable flats.

🚨 Shared owners 🚨

What changes do you want to see❔

Buybacks❔
Affordable service charges❔
Something else❔

Today is your LAST CHANCE to tell Committee MPs in a short survey.

Results will feed into their report to the Govt.

🗓️ Deadline: 29/11

🔗 forms.office.com/e/kA1tD0R1Me

🚫 Too many shared owners are trapped in homes they can no longer afford, with no viable exit route.

Grateful to Select Committee Chair Florence Eshalomi for asking Housing Secretary Steve Reed MP about the long-term affordability of shared ownership.

#UKhousing
#SharedOwnership

🗨️ Baroness Thornhill:

"I was obviously aware of the issues around shared ownership, but what shocked me was the actual costs incurred and the amounts of money lost"

Why is shared ownership marketed as affordable housing? Where is the evidence?

🗨️ "They really are the raw end of the market. They get a raw deal in many different ways"

Baroness Thornhill is right.

❌ Far too many shared owners are trapped in properties they can't sell and can no longer afford.

👉 It is time for the Government to fund buybacks.

A shared owner wrote to the Committee about the financial & emotional impact of trying to sell their flat.

🖋️ "This case is not unique. It highlights systemic failings within shared ownership."

@matthewpennycookmp.bsky.social shared owners need buybacks and a statutory right to exit the scheme.

Affordability of Home Ownership - Written evidence - Committees - UK Parliament Written evidence submission publications for Affordability of Home Ownership.

You can read the written evidence submitted to the Housing Committee on their website.

committees.parliament.uk/work/9247/af...

🚨 Association of Mortgage Intermediaries warning about shared ownership:

"While the model is designed to reduce entry costs by allowing buyers to purchase a share of a property and pay rent on the remainder, the overall affordability is often questionable."

#mortgages
#SharedOwnership

Affordability of Home Ownership - Written evidence - Committees - UK Parliament Written evidence submission publications for Affordability of Home Ownership.

You can read the written evidence submitted to the Committee on their website.

There is a stark contrast between what registered providers and their representatives say about the shared ownership scheme and the lived experience of shared owners.
committees.parliament.uk/work/9247/af...

🖋️ "Shared Ownership, as it currently exists, is not a genuinely affordable or secure route to home ownership. It has been marketed as a stepping stone but has in practice become a trap for many people like me."

Written evidence submitted to the Housing Committee.

Affordability of Home Ownership inquiry

🆕 Our written evidence to the House of Commons Housing Committee inquiry has been published.

#SharedOwnership

committees.parliament.uk/writtenevide...

Shared owners exempt from 12-month ban on re-letting homes after eviction Shared owners will be exempt under the Renters’ Rights Bill that will ban landlords from re-letting a property for a certain period after evicting a tenant.

Shared owners who sublet will not be penalised if their sale falls through.

But the Govt must do more to help victims of the building safety crisis. This should include changes to unfair RICS valuation rules and funding for buybacks of unsaleable flats.

www.insidehousing.co.uk/home/shared-...

📤 Our next email update will focus on subletting and buybacks.

Are you a shared owner?

Join us ⬇️

🔗 tinyurl.com/SharedOwnersNetwork

Contact the Ministry of Housing, Communities and Local Government Use this form to send a message to the Ministry of Housing, Communities and Local Government.

📢 SHARED OWNERS

Issues with resales, staircasing, lease extensions, subletting, valuations, or anything else?

👉 Write to the Government.

Use their online form ⤵️

www.gov.uk/guidance/con...

We look forward to meeting Steve Reed MP and @samanthadixonmp.bsky.social today.

Much more needs to be done to support shared owners trapped in the building safety crisis.

Our heartfelt thanks go to Lord Young for his leadership and determination to protect shared owners from financial hardship.

We would also like to thank Ministers @sharonstevenage.bsky.social and @matthewpennycookmp.bsky.social, as well as officials, for listening to our concerns.

🆕 BREAKING NEWS

We won❗🎉

The Government has finally accepted Lord Young's amendment to the Renters' Rights Bill.

Shared owners who are accidental landlords will be exempt from the 12-month ban on reletting if their sale falls through.

#BuildingSafetyCrisis