We’d like to thank #LordNaseby for highlighting #AffordableRentToBuy in @UKHouseofLords alongside #sharedownership as a route onto the housing ladder for low/mid income aspirant home owners. Rent|Save|Own. http://bit.ly/2D91kfm
In a Housing: Shared Ownership debate in the House of Lords on 6 November, the Lord Naseby said:
"I pay tribute to Her Majesty’s Government for listening and for removing the stamp duty anomaly in relation to shared ownership. Is my noble friend aware that there is a sister scheme for affordable renting, on a secured tenancy basis, for a period of five to 20 years—depending on what the tenant wants to do—followed by purchase? Against that background, and bearing in mind that 90% of young people want to own their own homes, is it not time that Her Majesty’s Government and Her Majesty’s Opposition trumpeted these two schemes so that our young people can own their own homes?"