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United Kingdom · Question · Written question

UIN 51935

Shared Ownership Schemes: Rents

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 September 2022

Last action

23 September 2022 · Answer

Status

Answered

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Discovery layer

Source updated

23 September 2022

Summary

To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the potential merits of providing financial assistance to people on shared ownership rents in the context of rising interest rates.

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Timeline

  1. 20 September 2022

    Written question

    To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment he has made of the potential merits of providing financial assistance to people on shared ownership rents in the context of rising interest rates.

    Source: Commons

  2. 23 September 2022

    Answer

    The Government is aware that rising interest rates will increase monthly mortgage payments and rising cost of living will decrease available income. However, all new mortgages since 2014, including those for shared owners, have been subject to rigorous af...

    Source: Written answer

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