Shared Ownership

Department for Communities and Local Government written question – answered at on 25 February 2015.

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Photo of Clive Betts Clive Betts Chair, Levelling Up, Housing and Communities Committee, Chair, Levelling Up, Housing and Communities Committee

To ask the Secretary of State for Communities and Local Government, what steps he is taking to ensure that advance public notice is given to the planned changes to the income eligibility thresholds for shared ownership.

Photo of Brandon Lewis Brandon Lewis Minister of State (Communities and Local Government)

There are no current planned changes to the income eligibility thresholds for shared ownership funded by the Homes and Communities Agency across England, excluding London. However, we do keep these matters under review.

The Greater London Authority has committed in the London Plan to update the income thresholds for London on an annual basis through the Annual Monitoring Report. The next Report is due to be published at the end of March 2015. Any changes to the income thresholds will apply from 1 April 2015. All partners will be informed on the updated income thresholds and all public information on shared ownership will be updated accordingly.

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