This page explains the process for selling your shared ownership home.
You must contact us before you sell your home. This is because we own a share of your property and must be involved in the sale.
You can only sell your share of the property, not the whole home. The buyer will take over your share and pay rent and service charges to us. We will continue to own the remaining share.
How the resale process works
- Use our online form to submit a resale request. This tells us you want to sell your home.
- We will refer your case to SO Resi, who manage shared ownership resales on our behalf and will guide you through the process.
- SO Resi will market your home and find a buyer for your share. The initial marketing period depends on your type of shared ownership:
- 4 weeks for new model shared ownership
- 8 weeks for original model shared ownership
- You can choose to market your home through a local estate agent if no buyer is found during the initial marketing period. However, the buyer must still purchase your share through the shared ownership scheme.
- Appoint a solicitor with experience of shared ownership sales. SO Resi can help you find one, if needed.
- Pay the fee for arranging the sale (this is similar to an estate agent’s fee).
- Complete the sale of your property.
How to submit a resale request
Use the online form to submit a shared ownership resale request.
You will need:
- the property address
- your name and contact details
Submit a shared ownership resale request
We will contact you within 5 working days to confirm that we have referred your case to SO Resi. They will then allocate a case officer and contact you directly.
