b'Home ownership is all about being sustainable. If you think someone cant afford to buy 25% of a house, rather than saying well buy 10% of it, in my view they should say well you cant afford to buy a house at this time, its not the right tenure. (Interviewee 1)Most research participants were of the view that households purchasing only 10% shares would never staircase up, leading to potential dissatisfaction as households faced long term rent increases and long term responsibility for repairs and maintenance:In a 90% rented product where youve got 10% share, you have no hope of ever doing anything significant unless you get some sort of windfall like an inheritance. And meanwhile your rent goes up. (Interviewee 7)Whilst lenders were aware that government would expect lending to be made available to prospective purchasers of a 10% share, none interviewed felt that this was a good option for customers. As one lender said:No one wants 10%. It increases potential credit risk for the customer. If thats the only way you can get onto the housing market, you probably shouldnt be getting onto it. Its a very conservative way of doing things, suggesting home ownership is a great thing for everyone. And the truth is, its not. I think its a very old-fashioned way of looking at things Customers might think they want it, but theyre wrong. They might like the look of it based on what it looks like on paper, not what it actually means to them. You dont want to be paying 3% rent on 90% of a property. (Interviewee 9)A number of interviewees pointed out that with a 10% share in low value areas the equity stake invested by a buyer would be very small. This was seen as a deterrent for lenders:Most lenders I would imagine will see this as higher risk lending, because there isnt as much skin in the game from buyers i.e. very low deposits and very low ownership. It could very easily go into arrears on both sides, thus having the potential to tarnish shared ownership as a whole and hence will likely be avoided. (Interviewee 12)This view was echoed by lenders and brokers. Lenders have a minimum amount they will provide a mortgage for, and in many areas a 10% share was likely to fall below this threshold:8'