Older Person's Shared Ownership: A Shared Experience - the Low Down

Shared ownership

Housing LIN Case Study no 120 - Last year, the Spending Review and Autumn Statement, the government made provision for the planned expansion of shared ownership, helping thousands of people to own their own home.

Headline news was 400,000 affordable new homes would be built by the end of the decade - half of these will be starter homes, while 135,000 will be shared ownership.

With an increasing focus on mixed tenure Extra Care Housing to provide a range of tenure choices for older people, this case study describes how maintaining an independent retirement lifestyle can be found in an Orbit Independent Living's Extra Care model where there is a 50/50 split of shared ownership and affordable rented accommodation.