⚠️ Extreme heat Remediation work means some residents can't fully open windows or access balconies, making it impossible to cool and ventilate homes overnight. We've joined @eocs-official.bsky.social and @nonqualifyinglh.bsky.social in calling on Ministers to act. ⬇️

"If shared ownership is a pathway to home ownership, it is a very rocky one. It is definitely a home owner’s dream that turned into their worst nightmare." Shared owners are tired of government excuses. Time is up. #UKhousing

"If shared ownership is a pathway to home ownership, it is a very rocky one. It is definitely a home owner’s dream that turned into their worst nightmare." Shared owners are tired of government excuses. Time is up. #UKhousing

Peers challenged the Minister on shared ownership this week. Lord Fuller didn't hold back: "This has been sold to people (…) as a lower-cost way of getting their foot on the ladder." "One might go so far as to suggest that there has been a degree of mis-selling here."

🆕 The Housing Select Committee has published its report on homeownership affordability. It concludes: 👉 "Shared ownership (...) is not a long-term affordable option for many of the buyers to whom it is marketed." 🧵

Probably the closest a committee will get to saying the government is, ahem, not telling the truth. #SharedOwnerhip @shacaction.bsky.social

💯

🆕 The Housing Select Committee has published its report on homeownership affordability. It concludes: 👉 "Shared ownership (...) is not a long-term affordable option for many of the buyers to whom it is marketed." 🧵

"The government shouldn’t really need a 73-page report in the current environment to realise that (...) even the sector’s much-coveted shared ownership model is “not a long-term affordable option for many of the buyers to whom it is marketed”." www.insidehousing.co.uk/insight/the-...

I do think it's shocking the leaseholder has to stump up the entire shortfall, the housing associations should absolutely swallow their share of a loss if the flat is proving tough to sell.

This gaslighting really winds me up. Shared ownership is a trap. The housing association doesn't care once you're trapped with an unsaleable flat you can't afford anymore.

The "important" role it plays is providing a zero risk inflation-busting rental income stream to housing associations, at shared owners' expense. It's unethical wealth extraction from the least financially resilient of homebuyers.

Two years after a damning Select Committee report, ministerial correspondence is still recycling the same tired claim that shared ownership has "an important role to play". Where is the evidence, @matthewpennycookmp.bsky.social @sharonstevenage.bsky.social?

"The couple will need to find the money to pay for a lease extension at some point ... no one warned them about the additional costs" ❌ Most shared owners were sold short leases as a matter of policy. Few were warned about the consequences. Many are now paying the price. inews.co.uk/inews-lifest...

Shared owners are forced to sell at prices set by RICS surveyors or cover the shortfall themselves. Cannot sell and need to move? They are told to become landlords. This can't go on @matthewpennycookmp.bsky.social. We need buybacks. 👇 www.bbc.com/news/article...

The bill is silent on the key issues Labour spoke so strongly about in opposition: non-cladding defects, non-qualifying leaseholders, the failing Developer Contract, weak risk assessment standards, extortionate buildings insurance & shared ownership. www.insidehousing.co.uk/comment/comm...

We need government-backed buybacks for shared ownership flats that are unmortgageable or unsellable. These homes could be converted to social or affordable rent, helping meet local housing need while freeing trapped leaseholders. Where is the leadership?

We also raised concerns about the poor implementation of the Renters’ Rights Act and its impact on those who sublet their homes.

We shared the frustration felt by many shared owners, including delays in accessing fire safety documents, slow progress on remediation, and a lack of clear information throughout the process.

Indeed, @vickyfoxcroftmp.bsky.social - it feels like Labour in gov't is doing less for us than Michael Gove did! (And that's saying something...) 😡

This. It's almost 9 years since we found out we have ACM cladding. It's still on the building and we still rely on neighbours in our block's WhatsApp group to find out about remediation plans.

It was a disappointing meeting. This government is still refusing to tackle the core issues trapping shared owners in the building safety crisis. 🧵

Many shared owners who sublet now face extra requirements and tight deadlines just to access protections under the Renters’ Rights Act. Poor government communication risks leaving them exposed to significant financial risk.

🗨️ 'I don't have any more fight left in me.' Lynn & James began renting at the Olympic Park in 2016, before buying a shared ownership one-bedroom flat there a year later. They planned to sell up the following year when they had a baby. They are still unable to sell www.dailymail.com/news/article...

All of the replies I’ve received from the Ministry of Housing have felt like copy and paste responses. I was hoping Labour might change their approach to Cladding / Shared Ownership / Service Charge issues, but everything coming out of there sounds the same.

Did you know you can contact the Government directly about shared ownership issues? There's an online form to complete. We’ve shared the link on our WhatsApp channel. Check our pinned post to access it.

Remember when the previous govt capped rent increases for shared owners at 7% as they were set to exceed 13%? Here a Labour minister tells housing associations he won’t do that. Their income streams are protected. You’re not. "Affordable housing," they said.

Our latest update: Remediation Bill, Building Safety Regulator, under-11m buildings, Interim Measures Alarm Fund, and Shared Owners’ Network. Change won’t happen without you. Take action now 👇 endourcladdingscandal.org/posts/act-no...

L&Q sent an email to shared owners in my block. Shared owners in the other blocks didn't get anything.

My flat is sublet. I didn't get any notification.

🚨 UPDATE: Shared owners contacted us this week to say they were not notified about extra requirements that apply only to them. We warned MHCLG. Repeatedly. How many are now at risk of losing key protections under the Renters’ Rights Act?

🚨 For shared owners, annual above-inflation rent increases are the norm. Will the Chancellor step in with a one-year rent freeze for them as well? @matthewpennycookmp.bsky.social

🚨 Subletting & Renters’ Rights Act We’ve seen housing association letters to shared owners on required action regarding subletting under the Renters’ Rights Act. We’re gathering evidence. If you’ve received a similar letter, please forward it to: ✉️ [email protected]

"Getting mortgages for flats in buildings that need fire safety repairs has been a challenge, while there is understandable reluctance to buy flats where there may be future repair costs. ... Some existing owners have been trapped in unsellable flats for years" ⏳⏳⏳ www.thetimes.com/life-style/p...

📈 30 shared owners facing a 21× increase in buildings insurance. Service charges have surged from £205 to £614 a month. And this is what the Government calls "affordable housing."

My housing association still hasn’t implemented changes to the Capital Funding Guide made 2 years ago, but sure, emailing all shared owners before May 1st sounds totally realistic. #UKhousing #SharedOwnership

The Renters Rights Act makes changes to shared ownership. 🆕 @matthewpennycookmp.bsky.social has urged registered providers to “take action now”. ⚠️ But will shared owners, especially those who sublet, get the information they need in time?

"Even harder than selling a leasehold is trying to sell a flat with potentially combustible cladding. Changes introduced after the Grenfell tragedy have left tens of thousands of owners across Britain stuck in buildings that are considered unsafe." spectator.com/article/flat...

This is madness. There is no way housing associations will let those impacted know in time.

📢 Important update for shared owners who are accidental landlords because of the building safety crisis 👇

🆕 Subletting update: New Government guidance has finally been issued on the Renters Rights Act for shared owners who sublet (or plan to). The timing is very last-minute, giving limited time to act and potentially affecting key protections. 🔗 www.gov.uk/guidance/the...

Don't miss important news and updates. Follow our WhatsApp channel 🖇️ whatsapp.com/channel/0029...

It's the London Home Show next week. 🚫 Don't buy a shared ownership flat. This is what happens to those who trust the Government's "affordable housing" scheme. 👀

"Fire safety issues were identified, including fire alarms not working properly and problems with fire doors. (...) Service charges shot up to reflect the extra costs." inews.co.uk/inews-lifest...

We’re trapped in a £275,000 shared ownership home – it’s unsellable inews.co.uk/inews-lifest...

We have a very similar situation but at least our housing association is the freeholder - it is certainly another level of hell if the freeholder is a third party, such as the developer. I feel for Yusrah and her family.

🗨️ "We have had enough of this nightmare" Many shared owners are trapped, unable to sell, facing spiralling costs they can't afford. The Government must act urgently and fund a buyback scheme so shared owners can finally move on with their lives. 🖇️ Link in next post.

Most shared owners trapped in unmortgageable and unaffordable homes are saying the same thing: they need a way out. They want buybacks. Thank you @jessbrownfullermp.bsky.social for asking this question👇 🖇️ Minister response in next post

£500,000 in service charges… with no invoices. In Podcast #68, I speak with Muna_Suz from @shacaction.bsky.social about #Peabody, service charge overcharging, and the legal tactics used to silence residents. This isn’t one case—it’s a pattern. www.youtube.com/watch?v=KO5r...