The Home I Can’t Afford
Panorama investigates the government’s shared-ownership scheme, designed to get more people on the property ladder, but leaving some with escalating costs and huge debts.
With sky-high property prices, home ownership seems out of reach to many. The government’s shared-ownership scheme is supposed to help get people on the property ladder by letting them buy part of their home and rent the rest. But Panorama hears from shared owners who say uncapped service charges, building defects and costly lease extensions have left them stuck in homes with escalating costs and huge debts.