Written Question·Ministry of Housing, Communities and Local Government·UIN 71108
Flats: Valuation
Tabled: 29 August 2025
Answered: 15 September 2025
Question
Daisy Cooper
Liberal Democrat — St Albans
To ask the Secretary of State for Housing, Communities and Local Government, if she will make an assessment of the potential merits of permitting shared ownership staircasing valuations to be (a) appealed or (b) negotiated by shared owners, using evidence
Answer
Matthew PennycookThe price paid by shared owners for staircasing is based on the property's full open 'Market Value' (defined in the shared ownership model leases) as determined by an independent Royal Institution of Chartered Surveyors (RICS) valuer.RICS valuations will ...
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