If you’re a new model Shared Ownership customer you’re entitled to buy a 1% share in your property each year for 15 years. This starts from the moment you move into your new home. The cost of the 1% share is based on the price you paid for your home, increased or decreased in line… Read more »
If you’re thinking about moving home, here’s some things you need to know about selling your shared ownership home: The first step is to get a valuation to see how much your home is worth. We instruct the valuer on your behalf, as set out in the lease. The valuation needs to be carried out… Read more »
Buying extra shares in your property means you own more of your home and pay less rent. This is called staircasing and is a great option for people who want to own more of their shared ownership property. You can either buy shares in tranches or purchase the remaining shares to take you up to… Read more »
We know that circumstances change and there may come a time when you’re looking to sell. If this is something you’re thinking about, please let us know. When you tell us you want to sell, we have a period of time – known as the Landlord’s nomination period – to find a buyer for your… Read more »
As a Shared Owner you’re able to paint and decorate your home as you wish. However, for new build homes we’d recommend not decorating for the first year to allow for materials like timber and plaster to dry out and settle. If you’re thinking about making any other home improvements, it’s best to check with… Read more »