Tag #Shared Ownership

What are the key systemic issues driving the sharp increase in complaints regarding shared ownership schemes in England?

Shared ownership, marketed as a pathway to homeownership, is facing increasing criticism due to high complaint numbers. A recent BBC investigation revealed a nearly 400% surge in complaints to the housing ombudsman over the past five years, primarily concerning repairs, costs, and sales difficulties. Two London residents, Diana and Chris, detailed their negative experience, selling their property at a £10,000 loss after a difficult two-year sales process.