b"going out. Three months of savings on going out can easily be a deposit on a shared ownership property. Weve had shared ownership mortgages on properties that are only 130,000, so our loans have been quite small, weve been doing 30,000 loans. Its not a horrific hurdle to get over, generally speaking. (Interviewee 9)There was uncertainty as to how long this increase in demand for shared ownership would last, as it was hard to distinguish between the pent up demand caused by the national lockdown, and the wider factors that might be driving interest in shared ownership:The biggest impact so far is changes in the mortgage markets with withdrawal of first time buyer mortgages. Thats forcing more people to consider shared ownership. We are seeing a real peak in business. Its difficult to separate how much of that is a snapback demand from the lockdown and how much is a genuine organic growth that is going to be sustainable. (Interviewee 3)Interviewees were asked if they had seen any recent increases in arrears, reverse staircasing or repossessions. Most respondents said that so far they had seen little change and that it was too early to really determine what impact the pandemic would have on existing shared owners. There was a strong consensus that the job protection schemes put in place by government had so far protected the shared ownership sector from a significant rise in arrears:I think the end of furlough and mortgage holidays will have an impact on shared owners, but traditionally, arrears on shared ownership have only been 3 or 4% of the total rent roll. Our modelling suggests that might double with the end of furlough and mortgage holidays. (Interviewee 1)There was also a consensus that if and when job protection schemes came to an end, and when mortgage holidays ended, there would be an impact on existing shared owners and a possible increase in owners falling into financial difficulty:I think we'd expect the impacts to get worse as a number of people are being protected by being on furlough. But we are expecting now that lots of those people will be made redundant rather than brought back to work.So far, our position has been impacted less than we thought it would. But we're not expecting that's necessarily going to be the case going forward. (Interviewee 2)18"