Written question asked by Baroness Miller of Chilthorne Domer (Liberal Democrat), in the House of Lords. It was answered by Baroness Andrews (Labour) on Tuesday, 18 April 2006.

Housing: Rural Areas

Question: What is their assessment of the impact that their proposal to remove the restriction on equity ownership from rural shared ownership schemes will have on the number of future rural shared ownership schemes.

Answer: I refer the noble Baroness to my answer to the noble Lord, Lord Carter, on 22 March (col. 238). The Government consider that allowing housing associations to impose a restriction on equity ownership where appropriate, plus the other safeguards provided within the new HomeBuy scheme to enable affordable housing to be retained, including enabling landlords to nominate purchasers and buy back properties, should ensure delivery. As announced by the Chancellor of the Exchequer in another place on 22 March, we will deliver 35,000 new low-cost home-ownership homes over 2006–08 through our new HomeBuy scheme with increased investment of £970 million through the Housing Corporation’s Affordable Housing Programme in both rural and urban areas. The Government will continue to monitor the delivery of the rural programme in conjunction with the Housing Corporation.

Secondary information

Type: Written question
Reference: 4513; 680 c180WA
Session: 2005-06
Related items: Housing: Shared Ownership
Wednesday, 22 March 2006
Oral questions
House of Lords; Housing: Rural Areas
Thursday, 4 May 2006
Written questions
House of Lords
Subjects: Housing Low incomes Rural areas Shared ownership schemes Homebuy scheme
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk