Why a new shared ownership mortgage staircasing model could unlock billions for housebuilding

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Could a new 100% staircasing model for shared ownership, funded by using recycled capital grant funding and government guarantees,  achieve additional supply without inflating house prices? Paul Hackett, who is working on the model, makes the case.

So far government has remained steadfastly committed to supply-side measures in its attempt to deliver 1.5 million homes over the course of this Parliament. From planning reform to a new £39 billion Social and Affordable Homes Programme, the emphasis has been on directly increasing supply rather than stoking demand.

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