How to sell your shared ownership home
We’re here to help when you’re ready to sell and move on. We recommend that you first get an idea of the value of your home - you could try Zoopla's home estimate calculator to get an indication of the current value.
As part of your lease, we usually have up to eight weeks to help sell your share to someone looking for a shared ownership home.
During this time, we’ll advertise your home on our website - and the national Help to Buy website, to help find a buyer. If we’re unable to find a buyer in this time, you then have the option to either market it yourself or through an estate agent.
We’ve put together some simple steps to help you understand what a sale might look like.
1. Getting ready
To proceed with selling your home using the Shared Ownership scheme you should send us the following:
- Energy Performance Certificate
- A current RICS Valuation
- Photos of your home
- Completed property listing form
- Your contact details for interested buyers
- Details of your chosen solicitor
- Consent from joint owner and evidence of any name change (if this applies)
2. Property checks
We need to do our own checks, including checking how long is left on the lease, any local connection requirements and the staircasing restrictions. This information needs to be included on our listing and is also needed even if we can’t find a buyer and you go to an estate agent.
3. Advertising your home
Our marketing team will list your property and we’ll share the link with you as soon as it’s ready!
4. Arranging viewings
You know your home better than anyone else. Potential buyers will contact you directly so you can arrange viewings that are convenient for you.
5. Found a buyer
Great news! They will need to register with Help to Buy and complete a financial assessment with one of our independent financial advisors.
You can find more information about selling your home on the Sovereign Living website.
This also details what fees need to be paid, and includes some of our most frequently asked questions.