In 2015-16, the average income of first-time buyers who purchased a shared ownership property was £45,000In his 2015 and, as it turned out, final autumn statement, then chancellor George Osborne announced the government’s intention [pdf] to expand shared ownership considerably, by building 135,000 shared ownership homes by 2020. Those numbers were ambitious. Since only 41,000 shared ownership homes were built in 2010-15, it represented more than a threefold increase. Continue reading…
Source : theguardian.com
Read more…How many shared ownership homes are there and who’s buying them?















