We can help those who are looking to move on and sell their shared ownership home.
These types of property can add complexity and additional paperwork to the conveyancing process, but our specialists have the necessary experience in navigating our clients through these sales.
How we can help
We will help you understand the terms of your lease, so you know what obligations you may have to your landlord – often agreements state you have to offer the property back to the landlord in the first instance, and gain their permission to sell if they don’t wish to purchase.
There are also sometimes provisions allowing you to ‘downward staircase’, which is when you sell shares in your property back to the landlord. This might allow you to stay in your current home even after a change in financial circumstances.
What does shared ownership mean for me?
When owning a shared ownership property there are understandable questions about what happens when you want to sell – we answer some frequently asked questions.
Law Society accredited
The Law Society awards accreditations to legal practices and solicitors who meet the highest standards of technical expertise and client service in specific areas of law. We are members of their Conveyancing Quality Scheme (CQS), which is the recognised quality mark for legal experts in buying or selling property, and is trusted by some of the UK’s biggest lenders.
“
Great service from start to finish, fair and honest advice. ”
Our residential property team
