ODPM releases details of Shared Equity Taskforce

Run jointly by the ODPM and the Treasury, the taskforce will look at the potential for Government intervention in the shared equity market, particularly the opportunities to work in partnership with the private sector. The aim is to increase the number of people able to benefit from the shared equity programme and help the growing number of ‘intermediate’ households, building on the success in helping key workers into home ownership. As it is estimated over one million households have incomes too high to qualify for housing benefit, but too low to buy a home of their own, the Governme...