<p>Vistry Group is looking to use its all-profit registered provider to offer a shared ownership product “to plug the gap” left by the closure of Help to Buy, it said today (March 22).</p> <p>Speaking to <i>Housebuilder, </i>Keith Carnegie, ceo of Vistry’s Housebuilding business, said the group intended to “drive shared ownership sales going forward” through its own RP.</p> <p>The provider, Carnegie explained, was established in 2012 under the then-Galliford Try Partnerships “with the express intention of developing a shared ownership-type product. But When Help to Buy was launched [in 2013] it sat on the shelf”. </p> <p>Help to Buy officially expires on March 31, although last week Homes England extended the legal completion deadline to May 31 from March 31. If the housebuilder applies for this extension, they have until April 28 to finish building.</p> <p><span>Carnegie also said sales in the Housebuilding business were likely to decline 20% this year against the year ending December 31 2022. Reporting on its full year results today, Vistry confirmed that Housebuilding completions rose 3.4% to 6,774 homes against 2021.</span></p> <p><span>The shortfall in Housebuilding completions was due to the drop in sales carried over from a “very difficult” Q4 2022, Carnegie said. But during …