Affordable Housing: Construction:Written question - 28566

Q
Asked by John Healey
(Wentworth and Dearne)
[N]
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Named Day

'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 12 March 2020
Ministry of Housing, Communities and Local Government
Affordable Housing: Construction
Commons
To ask the Secretary of State for Housing, Communities and Local Government, whether homes funded under the new affordable homes programme from 2021-22 will be required to include a right to shared ownership.
A
Answered by: Christopher Pincher
Answered on: 17 March 2020

Right to Shared Ownership will give many social housing tenants the opportunity to purchase a stake in their home and take their first step into home ownership.

At Budget we announced £12.2 billion of investment to build affordable homes, which is the biggest cash investment in affordable housing for a decade.

As a condition of this funding, homes built with it must have the Right to Shared Ownership attached.

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