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Gateway successfully launched the Moving On Up report with an event held at De Vere situated at Canary Wharf on 19 February 2014. Speakers included Sheron Carter, CEO of Gateway, David Orr (pictured), CEO of National Housing Federation and Colin Wiles, Director of Wiles Consulting Ltd.
Gateway began to develop homes for shared ownership in 1982 as Victoria Park Housing Association. We are proud of our track record, and will shortly complete our first leasehold scheme for older people in Tower Hamlets.
Shared ownership has sometimes been heavily criticised in the media as a model that is not working, that it is a stagnant market that does not achieve outright home ownership. However, we have noticed a recent surge in upward staircasing activity and therefore commissioned research to discover what has changed.
This report shows that there is a group or purchasers for whom outright ownership may never be attainable, but for those with incomes closer to the qualifying cap stepping up to full home ownership is still an attainable goal.
Have a look at the report below