Selling your home / Buying more shares in your home

If you want to sell your Shared Ownership home you must first inform us to ensure your sale goes through smoothly

Secondly, you must have an independent valuation carried out on the property and it will be resold at the market value of the property at that time. This must be a RICS valuation please find a surveyor in your area on the RICS website.

You are able to market your property on the open market as soon as your valuation is approved. We will confirm your share and the rent and service charge.  

We can advertise your property on our websites and the local help to buy agent websites if you provide marketing particulars and photographs.

If your property is sold as a shared ownership property we will need to approve your buyer.

Please note that this process may vary depending on what it says in your leaseVisit the Guide to Your Lease page for more information.

Please contact the sales team directly at sales@homeshub.co.uk if you have any questions regarding selling your home.

 

Buying more shares in your home

As a Shared Owner you have the option to buy more shares in your home, known as staircasing.

It may be worth speaking to a financial advisor or your current lender to establish whether you are in a position to buy more shares in your home. We can also put you in touch with a financial advisor for an affordability assessment.

If, after speaking to a financial advisor, you do want to proceed with buying more shares in your home, then you will need to get a RICS valuation as your valuation will determine the cost of the share you purchase. You can find a list of local RICS surveyors on this website https://www.ricsfirms.com/

Read our full Step-by-Step Guide to staircasing.

Please contact the sales team directly if you have questions in relation to buying more shares sales@homeshub.co.uk