Why Shared Ownership Remains a Vital Tenure
Can more be done to promote shared ownership as a real option for homebuyers? Rob Barnard of specialist lender Pepper Money shares his insights.
At a time when the government's Social and Affordable Homes Programme prospectus is yet to be published, stakeholders in the shared ownership world await its release, hoping for support and backing. Rob Barnard, intermediary relationship director at Pepper Money, believes it's time to promote shared ownership, citing it as a crucial way for buyers to access the housing ladder.
It is an important way for some buyers to get a foothold on a housing ladder that would otherwise be out of reach to them.
Despite its importance, shared ownership can be an overlooked tenure, highlighting the need for increased promotion and support.
Author's summary: Shared ownership is a vital tenure option.
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