To ask the Secretary of State for Levelling Up, Housing and Communities, whether he has made an assessment of the potential impact of the cost of living crisis on home-owners whose shared ownership rent increases are not capped by the voluntary rent cap.
Most registered providers of social housing chose to limit voluntarily annual rent increases for their shared owners in 2023-24 to no more than 7%. Though the department was clear in its discussions with the sector that we expected them to take reasonable...
Shared Ownership Schemes: Rents