ProjectsLow Cost Home Ownership in Different Housing MarketsThe government has identified the need to concentrate investment, both public and private, in the provision of low-cost homeownership (LCHO) as first time buyers find it more and more difficult to access owner-occupation through traditional open market routes. New initiatives are concerned with increasing the role of private finance through equity mortgages as well as providing a range of shared ownership schemes aimed at key workers and pressure areas. This raises important issues for both private finance institution and government: the institutions are taking on new risks about which they know little, while government wishes to target assistance closely on those who cannot achieve owner-occupation in other ways. Project Outputs
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