Limit rent charges on new shared ownership properties to ground rent

• Petition
• Statistics

Petition Action

Limit rent charges on new shared ownership properties to ground rent

Petition Details

We believe the current shared ownership system does not work. The rent and mortgage combined can make it unaffordable for many, especially younger people. The rent element should constitute ground rent only, and not a rental charge for the share of the property the tenant does not own.

Additional Information

With rising mortgage rates and inflation contributing to increased rent, many low-income families are struggling to make shared ownership work. We believe this step could help tackle the housing crisis the Government is facing, and make shared ownership properties more affordable.

You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!

Have your say on this petition!