NHF and G15 back call for new shared ownership staircasing model to unlock up to £33bn for HAs

Hackett and Henderson

Sector bodies endorse Southern Housing’s new subsidised ‘staircasing’ mortgage proposal, describing it as a ‘win-win’ for housebuilding and homebuyers that ’would not stoke house prices’

The National Housing Federation (NHF) and G15 have thrown their support behind a new shared ownership staircasing mortgage model being developed by housing association Southern.

The London landlord believes the proposed new product could help boost supply by releasing billions of pounds of capital for development via shared ownership equity sales without inflating prices or leading to a leakage of value of social assets from the sector. Kate Henderson, chief executive of the NHF, last night backed the proposal in a statement to Housing Today.

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