Shared ownership resale FAQs
Frequently Asked Questions about selling your shared ownership home.
What are the costs of selling my shared ownership home?
When it comes to selling your home, you’ll be responsible for the following costs and fees.
Valuation fees: The cost of a valuation depends on the valuer you choose. Always check with them. We have an experienced panel of RICS-accredited surveyors who offer competitive rates.
Resale fee: Your lease will refer to a nomination fee, usually 1 or 1.5% plus VAT of the share value. This cost is included within your total sales service fee.
We work with a specialist shared ownership independent consultancy, Urban Moves. They offer a comprehensive nomination service at a competitive price, giving you the best possible chance of finding a buyer as quickly as possible. Browse the Selling your shared ownership home page for more information.
Leasehold pack (LPE1), or pre-sale management pack: Costs differ depending on if you're selling an apartment or a house.
Payment of the management pack is taken on completion of the sale. Your solicitor will ask you for an advance payment (an undertaking) to cover the cost of the pack, should the sale fall through.
View our administration fees table
Legal fees: You'll need to pay our legal fees as well as your own. Check our administration fees table for details of our charge. Your own legal fees will vary depending on who you choose and how complex your transaction is.
We have an experienced panel of solicitors, with lots of experience in shared ownership. You don’t have to use one of our panel, but we strongly recommend making sure that whoever you choose has experience with shared ownership.
EPC (Energy Performance Certificate): A guide of the latest cost for requesting an EPC is on our administration fees table.
If you’re wanting to vary your lease or extend your lease, these costs are charged separately, subject to obtaining a quote.
Selling your home FAQs
Reference documents, guides and brochures
Selling your shared ownership home
Useful information of where to start and what to expect (PDF)
Step-by-step guide to staircasing
What's involved in buying more shares in your home (PDF)
Top tips to help sell your shared ownership home
Advice and guidance on what to do before, during and after viewings (PDF)