Shared Ownership Schemes

Communities and Local Government written question – answered am ar 9 Gorffennaf 2009.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Dan Rogerson Dan Rogerson Opposition Whip (Commons), Shadow Minister (Communities and Local Government)

To ask the Secretary of State for Communities and Local Government

(1) what recent discussions his Department has had with housing associations on lender support for shared ownership housing schemes;

(2) if (a) his Department and (b) the Homes and Communities Agency will urge lenders (i) in the private sector and (ii) partly or wholly in public ownership to maintain credit flows to first-time buyers to participate in shared ownership schemes.

Photo of John Healey John Healey The Minister for Housing

The Department and the Homes and Communities Agency are working with all major mortgage lenders, both directly and through the Council of Mortgage Lenders and the Building Societies Association, in order to encourage increased availability of mortgages for shared ownership purchasers.

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