Shared Home Ownership Schemes

HC Deb 18 March 2003 vol 401 cc748-9W

Mr. Jim Cunningham

To ask the Deputy Prime Minister what evaluation has taken place of the effectiveness of shared home ownership schemes. [102653]

Mr. McNulty

Independent research "The Evaluation of the Low Cost Home Ownership Programme" commissioned by the former Department for Transport, Local Government and the Regions (now the Office of the Deputy Prime Minister) and the Welsh Assembly Government was published in September 2002. Shared ownership was one of the components of the stud, and the main messages from the research were that consumer satisfaction with low cost home ownership schemes was high and that schemes represented good value for money.

The issues will now be taken forward by the Home Ownership Task Force announced in "Sustainable communities: building for the future" on 5 February. The terms of reference for the task force will be announced shortly.