HC Deb 22 June 1973 vol 858 c216W
Mr. Robert Taylor

asked the Secretary of State for the Environment whether he is satisfied with the way in which co-ownership housing schemes are working; and to what extent the Housing Corporation is receiving complaints from participators.

Mr. Channon

Co-ownership is a new form of tenure in this country. That it fills a real need is evidenced by its increasingly rapid growth. Some 26,000 families now live in co-ownership societies' houses, and another 19,000 houses have been approved or are under construction. In this context the few complaints the corporation receives—about 0.5 per cent. per year of the numbers housed—are an indication that the scheme is on a sound basis.