Demand for shared ownership homes set to rise by 150% in the next 5 years
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When Help to Buy comes to an end in 2023, shared ownership looks set to become the best, cheapest, and perhaps the only route into home ownership for those unable to afford to buy without assistance, providing a very stable, affordable alternative to renting. Demand is expected to more than double over the next five years.
Mortgage availability for shared ownership has improved significantly over the past 5 years.\\xa0 It has also become easier for owners to sell their share should they want or need to move.
Housing association owners of shared ownership homes now have a real opportunity to increase supply, perhaps working in partnership with developers, who in turn benefit from boosted delivery rates.
Shared ownership is also increasingly catching the eye of institutional investors, who are attracted to its long term, index-linked income stream.\\xa0
Join Guy Ruddle and guests: Helen Collins, head of the housing team; Piers de Winton, director in our residential capital markets team; and Lawrence Bowles, senior residential research analyst, as they discuss Savills latest Spotlight report on Shared Ownership.