b"There will have to be something different done. And some of that might be refining the process. But I think the government's going to have to step in and do something to remove some of the uncertainty. There's been a systemic failure in building regulations and allowing lots of things to be built not as they should be. The market is seizing up so the government will have to offer some kind of way out for existing owners and future owners that means they're not entirely on the hook for those costs.Probably it comes down to some kind of insurance product. (Interviewee 2)2.8Increase in private equity in the sectorInterviewees were asked about their views on the increase in private equity in the shared ownership sector. There were no strong negative views amongst providers, although some raised concerns about the long term management arrangements for such properties:A bit of competition, we shouldnt be afraid of it.We dont have the right of monopoly on shared ownership. (Interviewee 3)I think it was always going to be a challenge to try and do it without access to grant funding, because subsidised housing is subsidised for a reason. (Interviewee 8)Lenders were more cautious and were keen to ensure that lease clauses, charges, or management arrangements long term did not put customers at a disadvantage:We dont lend on for profit providers. We did with one, but its on pause. Weve debated this over the years. Its ok, but their drivers can be different, because theyre profit making. Especially in the private sector. Its much more commercial, rather than wanting someone in the community to have a home. We want them to behave in the same way as housing associations, and follow the same rules. But they quite like to deviate from the rules and write another set of clauses, which puts us off. So I havent seen too many. Theres always talk about them coming along, but then I dont see many.Whos behind it is really important to us. With housing associations, if somethings going wrong, they tend to put their arms around them and help pick them up. (Interviewee 10)In terms of institutional investment with private equity investment into provider shared ownership portfolios, few providers were actively pursuing this and views were somewhat ambivalent. One provider felt that this funding would be used only in circumstances where there was no choice:23"