Member

It is worth noting that to better support affected shared owners, the Government have already taken a number of steps to provide greater clarity about what flexibilities and assistance shared owners should expect from registered providers, including in relation to subletting at market rates. We also recognise that there is more that might be done, outside this legislation, to mitigate the impact of the building safety crisis on shared owners, and are committed to exploring all options. However, while I very much commend Lord Young of Cookham for championing the interests of shared owners in difficulty, and am more than happy to continue to engage with him to determine if there is a way to provide them with greater support that does not undermine the core principles of the Bill, I am afraid that I cannot accept Lords amendment 19 at this time, purely because the Government remain of the view that it could undermine protections for the small subset of tenants who happen to rent a sublet home from a shared owner.