Shared Ownership Resources was founded by Sue Phillips (FCCA), a semi-retired charity accountant. She purchased her first 50% share in a shared ownership flat in 1999, staircased to 100% in 2013, and extended her lease in 2020. She believes that people deserve honest, independent information and advice on shared ownership in order to make good decisions.
Information on the shared ownership scheme is often over-simplified, downplaying potential risks, pitfalls and long-term costs. Ongoing reforms further complicate the picture.
Shared Ownership Resources presents information and advice on shared ownership from a range of different perspectives: shared owners themselves, campaigners, researchers, legal experts, valuers, finance professionals and housing professionals.
Shared ownership can work for some people, some of the time. But Shared Ownership Resources doesn’t shy away from identifying and exploring negatives of shared ownership. Including the fact that it is neither ownership nor shared! Hopefully, constructive debate will help drive change where it is needed.