Shared Ownership offers an accessible route onto the property ladder, allowing buyers to purchase a share of a property (typically 25-75%) while paying rent on the remaining portion. The legal process involves unique lease terms and structures that require specialist understanding.
Our Services Include:
Shared Ownership Lease Review — Carefully examining lease terms, rent review clauses, and service charge obligations.
Housing Association Liaison — Managing communication and requirements with the housing association or developer.
Mortgage Coordination — Working with lenders who offer Shared Ownership mortgage products.
Staircasing Advice — Guidance on "staircasing" — purchasing additional shares in your property over time — including valuation and cost implications.
New Build Shared Ownership — Support for buyers purchasing Shared Ownership homes directly from developers.
Resale Support — Legal assistance if you later wish to sell your Shared Ownership property.
We help make the Shared Ownership legal process clear and straightforward, ensuring you understand your rights and obligations as a shared owner.