b"There is general uncertainty about what is going to happen with the economy. Thats really good for shared ownership. Most of our for sale projects were almost inevitably going to turn into shared ownership. Were thinking that if the market completely bombs, people who want to own a house will still want to own one, theyll just have to find a different route, and I think shared ownership will be the way. In the south, not necessarily in the north. Thats because of house pricing. (Interviewee 4)The changes announced to the shared ownership product also made planning ahead less certain in terms of the numbers of shared ownership properties in the pipeline:Before the announcement, we were planning to do about the same amount of shared ownership as what weve been doing. It accounts for about a third of our pipeline.We might have wanted to do a bit more before the announcement.But now, we might prefer to take the risk on market sale, and sell it and not have any involvement in its management going forward. (Interviewee 1)A particular concern was the uncertainty around how the costs of the requirement to cover all costs of any repairs and maintenance for 10 years would be met, and whether this would be supported by higher levels of grant funding:We are committed to deliver thousands of shared ownership homes over the next five years. At the moment, we are probing the new parameters. Beyond 2024 we would still bid and build, but probably not to the same extent as now. Considering the new parameters, we will probably build fewer shared ownership homes.There are two options. Build fewer shared ownership homes or double the grant funding per home to build the same number. (Interviewee 3)It is dependent on amount of grant available in the next round of funding. (Interviewee 5)Beyond the economic uncertainty and changes to the product, some more general challenges in delivering more shared ownership homes were identified, including grant funding levels, finance and land availability:We don't have unlimited capacity. I guess one of the limiting factors overall is grant but also our borrowing capacity.And certainly land availability is part of it in some places as well. There's a lot of demand for housing overall, there's a much bigger demand for social rented homes and we haven't been able to build enough of those either. (Interviewee 2) 14"