Responding to the announcement that the Government will raise shared ownership income eligibility caps, BusinessLDN’s Housing Programme Director Stephanie Pollitt said:
“This long-overdue increase to the shared ownership income cap will open the door to home ownership for more Londoners and support the delivery of much-needed new homes.
“The Government should now build on this welcome announcement by setting a realistic London price and income cap for the Your First Home scheme. Getting that wrong would undermine the impact of a positive step to boost demand and to get London building again.”