b'Increase in share owned on staircasing Respondents were asked for the average increase in the share owned on staircasing, as a proportion of the total property value. Sixteen housing associations answered this question giving answers ranging from 18% to 60%. The average figure given was 47% (average of averages). Reselling shared ownership homes CORE data reveals that of the shared ownership properties sold in 2017/18, 37% (4,028) were resalesjust over 2% of the shared ownership stock. Time to resale Survey respondents were asked "Of resales that took place within the last 5 years, what was the average length of time since initial purchase?". Ten housing associations answered this question giving answers ranging from 2 years six months to eight years five months. The average figure given was five years four months.Taken together with the proportion of shared owners who sell each year (2%), and a further 2-4% exiting the sector via staircasing to full ownership this suggests that the majority of shared owners who are going to resell do so relatively early on, with a larger number remaining for the long term.Arrears and repossessions Arrears The survey asked how many shared owners were currently in arrears. Sixteen housing associations answered this question giving answers ranging from 0% to 28.5%. The total number of shared owners in arrears was reported as 3,394, representing 9.1% of all shared owners in the 37,218 properties owned by the housing associations answering this question. The survey also asked the number who owed more than 13 weeks\' rent. The same 16 housing associations answered this question giving answers ranging from 0% to 2.7%. The total number of shared owners in arrears of more than 13 weeks was reported as 530, representing 1.4% of the 37,218 shared owners in properties owned by the housing associations answering this question. Survey respondents were also asked whether the level of shared owners\' arrears had increased, decreased, or stayed the same in the last year: Table 9: Change in shared owners\' arrears in the last year Change in arrearsRespondents Decreased1 Stayed the same5 Increased11 Source: RSM Survey September to October 2020. Number of respondents to this question = 17 Two thirds of housing associations reported that arrears had increased over the last year. 12'