b'1.0 / IntroductionSO Resi by Metropolitan Thames Valley 1.0 / IntroductionSO Resi by Metropolitan Thames Valley 1.0 / IntroductionShared ownership has been a piece of theBack in 2013 research by homeless charity Shelter found that 1.8 million low to middle-income families were unable to afford the mortgage on a local three-bedroom home. The affordable housing jigsaw for more than need for more affordable housing options, including shared ownership continues to grow.50 years. It offers more people a path toShared ownerships importance as a route into home ownership is recognised by the Government which is proposing changes to help make it easier and accessible to more home ownership and with house price risespeople.often outstripping wage growth, demandMetropolitan Thames Valley Housing Association has been involved with shared ownership has never been higher.since the 1970s. Our experience informs our decisions and strategy but there is no industry-wide data and research to give a broader picture of the trends and market performance. It is the reason we commissioned Cambridge University to conduct quantitative and qualitative research into shared ownership. That research has helped to inform this report which takes a comprehensive look at the sector and its outlook. You will find an overview of the Cambridge research findings together with analysis of the Governments proposed changes and the future of the sector. The report also looks at funding models and offers the views of lenders and buyers. We see this report as a starting point to fuel confidence, open up discussions and opportunities to collaborate so that the shared ownership can continue to grow and deliver moreof the affordable homes our country desperately needs. We welcome your thoughts and feedback, please email kush.rawal@mtvh.co.uk 2 / Shared Ownership Market Review 2020In conjunction with Cambridge University Shared Ownership Market Review 2020In conjunction with Cambridge University / 3'