L&Q ROUNDTABLE: LET’S TALK SHARED OWNERSHIP
Last Tuesday, I was invited to L&Q’s roundtable at Thurston Point, Lewisham to discuss housing in London and Shared Ownership. We talked about our experiences of housing in London over breakfast, the joys and the pitfalls! As anyone who lives in London knows, the housing market in London is point blank insane. Unless you have money that isn’t yours its darn near impossible to be able to buy a house. I love that London is so multicultural and one of the best places to have a career and experience technology and all that but we are in dire need of quality afforable living space. It’s often described as a crisis and it is easy to see why.
At our fancy, intellectual breakfast, we talked about Shared Ownership, an increasingly popular choice which I genuinely think can be a viable option for Londoners. The part buy/part rent scheme allows Londoners to own a percentage of their home, with the option of staircasing up to full ownership when they are able to afford it.
I took the opportunity to find out more at this roundtable organised by leading Housing Association, L&Q. They have developed over 2,000 homes in London and the South East last year and house a total of around 125,000 people playing a sizeable role in the housing market. They’re also committed to increasing this development pipeline to 5,000 units a year by 2020.
L&Q did a fine job of inviting a variety London based bloggers with different experiences of the housing market and also Andrea Palmer, one of L&Q’s Sales Manager. Chris Osburn (@TikiChris) and Lindsay Keith (@OpheliaBottom) who were both long-term homeowners and Rebecca from Greenwhich mums (@greenwichmums) whose aiming to buy too (gooo girl!)
We had a few giggles, you can catch up on some of what we were gisting about – search #LQSOWeek2015 to see some of the conversations.
L&Q really know their stuff and even being the youngest blogger, I have alot more hope to buy a house in the future by the time we left.
What do you think of the housing crisis and Shared Ownership as a potential solution? Join the conversation on Twitter at #LQSOWeek2015.
Peace out!
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