FAQs

Some frequently asked questions about shared ownership

What is the shared ownership lease ?

The lease entitles you to live in the property as owner-occupier for the length of the lease. It allows you to buy further shares in the property and sets out how you can do this. It also outlines how you can sell your share. The lease also outlines your responsibility for repair and maintenance of the property and for payment of rent and service charges.

What are the costs associated with buying a home?
Can I sell my home?
How will the value of my property be affected if the housing market changes?