Skip to content
working on laptop

Selling your home

We work with a specialist shared ownership independent consultancy, Urban Moves. Through our partnership we offer a comprehensive nomination service, giving you the best possible chance of finding a buyer within the nomination period.

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 your home. 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 (a nomination period) to allow us, working with Urban Moves, the opportunity to find a buyer for you.

On some shared ownership leases the nomination period is eight weeks. On others it's four weeks. We take the opportunity to release our customers from their nomination period if a buyer hasn't been secured within the first four weeks of the specific nomination period within the lease.

If a shared ownership buyer is not found within the nomination period, Urban Moves may continue to market your property as shared ownership, but also list the property for 100% open market sale. With Urban Moves dual marketing (on the open market at 100% value and as shared ownership) it opens up to a wider buyer pool. You still benefit from the cost saving on your fee. Unlike traditional estate agents Urban Moves' fee is based on your share percentage, whether a buyer is found for 100% sale or your share. Alternatively, you may instruct a traditional 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.

We work with a specialist shared ownership consultancy, Urban Moves, to market homes during the nomination period. They're an independent consultancy specialising in shared ownership resales.

View our administration fees table

Before your home goes on the market

Before you can market your home, you need a valuation from a RICS-qualified* surveyor.

This determines the value of your home based on current market values and any improvements you have made. We have a panel of RICS-qualified valuers who can assist you. They’re familiar with our developments and have experience in the shared ownership market.

If you contact one of our panel of surveyors to make an enquiry please quote ‘Latimer’.

*Royal Institute of Chartered Surveyors (RICS)

Surveyors and valuers

Quote 'Latimer' when making your enquiry.

What selling services are provided?


Urban Moves

Professional photos and floorplans

High quality property particulars

Property portal advertising

Share to Buy, Zoopla, On The Market, Prime Location

Social media marketing

Enquiry handling

Buyer screening

Checking applicant eligibility prior to viewings

Hosted open days and viewing events

✔*

Shortlist of eligible nominees

Prioritisation and nomination of a buyer

Collate buyers documentation signed off by a financial advisor

Liaison between parties and final handover arrangements

Production and issuing of memorandum of sale to all parties involved

Provide dedicated liaison for vendor and buyer

Liaise between parties and arrange for keys to be handed over

*Properties in less demand will benefit from Urban Moves' Viewing Scheduling Service. Appointments will be arranged for individual applicants to view directly with you.