How to sell your shared ownership home
You can sell your shared ownership home whenever you want and to help you, we have a dedicated Resales Team to guide you through the sales process.
Your lease normally gives us the right to find you a buyer within a certain amount of time. This can be anything from one month to three months, so you will need to check your lease to find out which time period applies to your property. This allows us to try and find people who are specifically interested in buying a shared ownership home.
If we find a buyer within the time period set out in your lease, you must pay us an administration fee, similar to that charged by estate agents. Please check your lease to confirm exactly how much you have to pay.
If we cannot find a buyer within that time, you are free to use an estate agent to sell the property on the open market, but please tell us if you do this.
If you decide to sell your share in your home, please check your lease to see if there are any restrictive clauses.
For more information please contact our Home Ownership Team, or download the leaflet below:
Phone: 0845 606 1221
Email: resales@inplace.co.uk
» How to sell your New Build HomeBuy home (PDF)
Resale Marketing Packages
Our marketing service includes:
• Property featured on www.inplace.co.uk within a dedicated resale property section
• If your property does not sell within the four-week marketing period, then the property will be featured within a dedicated affordable housing section of Rightmove, the country's most popular property website.
• A marketing mailout (by email and post) to nominations provided by the Homebuy Agent
For further information on reselling your shared ownership property please contact the After Sales Team.
Phone: 0845 606 1221
Email: resales@inplace.co.uk
» Your marketing options (PDF)
Is the credit crunch affecting you?
It seems everywhere you turn lately the words ‘credit crunch’ or ‘recession’ are being used far too often. Some of our home owners are at risk of getting into debt through losing their jobs, their fixed mortgage deals are coming to an end or they have had unexpected expenses.
If you are having financial difficulties, it is important that you do something quickly to stop things getting worse.
It is important that you pay your rent on time. This is a condition of your shared ownership lease.However, If you cannot pay your rent and service charges, please talk to us.We will do our best to help you.
The earlier you speak to us the easier it is to deal with the situation. Check that you are claiming all the benefits and tax credits that you can.The Department for Work and Pensions Leaflet ‘A Guide to Benefits’ provides details of benefits, pensions and tax credits.
For help please contact our Home Ownership Team, or download the leaflet below:
Phone: 0845 606 1221
Email: resales@inplace.co.uk
