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Selling your home

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.

How do I sell my shared ownership home?

The legal process of selling your share of your shared ownership home is similar to selling any other home.

The main difference is that we first need the opportunity to search for a suitable buyer for you. They’ll be someone who also requires the assistance of shared ownership for their purchase.

Your lease agreement sets out the key requirements to be aware of before selling. This includes an obligation to allow us, with Urban Moves if you choose, the opportunity to find a buyer for you within eight weeks.

If a buyer is not found in that time you’ll be able to market your home with an estate agent.

 

Shared ownership resale next steps

Selling services and the costs of selling

Your lease will refer to a nomination fee, usually of 1 or 1.5%. This cost is included within your total sales service fee.

Urban Moves is an independent consultancy specialising in shared ownership resales. They offer a comprehensive nomination service for a fee of 1.5% plus VAT of your share value. Alternatively, you can choose to sell through our resales team within Clarion Housing. We charge a fee of 1.5% plus VAT of the share value.

Clarion Housing, with Latimer, is part of the Clarion Housing Group.