Centre for Policy on Ageing



The future of low-cost home-ownership
Corporate Author	Joseph Rowntree Foundation - JRF
Journal title	Findings, D51, 2001
Publisher	Joseph Rowntree Foundation - JRF, York, 2001
Pages	4 pp
Source	Joseph Rowntree Foundation, The Homestead, 40 Water End, York YO30 6WP.
Keywords	Equity sharing schemes ; Social surveys.
Annotation	A Task Force set up by the Joseph Rowntree Foundation (JRF) examined the future for publicly subsidised low-cost home ownership (LCHO) projects. It drew on submissions to the Government's housing Green Paper ("Quality and choice: a decent home for all"), and reviewed available evidence and commentary from consumers, providers, planners, academics, local authorities, trade organisations and representatives of the Department of Transport, Local Government and the Regions (DTLR) and the Housing Corporation. The exercise led to the report, "Swamps and alligators: the future for low-cost home-ownership" by Graham Martin (YPS, 2001). This concluded that there is substantial unmet need for the various LCHO products currently on offer. These Findings summarise ways in which LCHO arrangements could be improved by more creative use of the "Homebuy" model (using equity loans) and a standard lease for shared ownership. (RH).
Accession Number	CPA-020117202 P
Classmark	KED: 3F
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...from the Ageinfo database published by Centre for Policy on Ageing.