Promoting shared ownership

Moat is leading a coalition of 21 housing associations in a campaign to promote the need for more shared ownership housing to government, politicians and other important policy makers. Steve Nunn, Moat’s executive director: development and new business, sponsored this group and Marilyn DiCara, Moat’s director of sales, marketing and new business, chairs the group as a sub-group of the NHF's Home Ownership Advisory Panel.

A new report published by the coalition, ‘The role of shared ownership in the future housing market’, calls on the new government to protect public funding for new shared ownership housing when levels of government grant for new homes for the next three years are decided later in 2010.

The new government is going to have to cut public spending and new housing programmes are vulnerable. We want government to recognise the vital importance of shared ownership in the housing market and to maintain government grant levels for new shared ownership homes, so more people can benefit and get a home of their own at an affordable price.

Over 170,000 new home owners have bought a shared ownership home in the last 30 years. Demand consistently outstrips new supply and it remains the most affordable and most popular way for people who cannot afford the open market to buy a home.

You can find more information about the campaign at www.moat.co.uk/sharedowner

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