Finally an affordable sales service for affordable housing
#1 online sales agency for shared ownership resale
We are an online estate agency enabling shared owners to sell their shared ownership resale property.
Why?
The process of selling a shared ownership property can be overwhelming, expensive, painstaking lengthy. That is why we strive and leading the way in helping shared owners sell shared ownership resales by providing them with a dedicated service to make it as easy and stress-free as possible.
Our team of experts have over 15 years of experience in the industry, and have invested and spent hours in simplifying the process of buying and selling a shared ownership property with features like
One-click listings
That’s right, fill in the property information upload or arrange professional photography, click ‘list’ and your home is online within minutes, on market-leading portals via our partners as well as the dedicated shared ownership portals.
Instant buyer inquiry response
Most buyers search for homes during evenings and weekends, and so by the time they usually receive a response they have forgotten which property they have applied for, but with our automated lead response buyers receive an instant response to their property inquiry allowing them to get that very important HCA shared ownership calculator completed
Instant affordability checks
Yes, we’ve got you covered here as well, you no longer need to wait for a financial advisor to go through the numbers, the buyer completes the affordability check at the inquiry stage and the results are instant
Online viewing scheduling
Assessment pass, the next stage the pre-qualified buyer books in a viewing on your live viewing calendar based on your pre-set availability, with instant notifications of your viewings. We believe SharedOwners themselves are best placed to promote the amazing features of their home and the scheme. Not to worry if you have a busy schedule or are not ready yet we offer accompanied viewing services* as well
That’s right! Your potential buyers have now from a single click- enquired, been qualified, and booked in a viewing.
Sales progression dashboard
Check the status of your sale at any time, and get instant updates from your dashboard. Your Shared Ownership Expert will help progress the sale to exchange and completion, guide you through the conveyancing process and be on hand to assist with any questions.
The SO Community
We are in this with you, as Shared Owners ourselves we appreciate your current home may have been your first time buying a home, and so we are here to help you navigate your first journey to selling a home. Shared Owner is committed to providing our clients with the highest level of service. Whether you are a first-time homebuyer or first-time home seller, we are here to help you every step of the way pass on the torch to a new SharedOwner.
Shared Ownership Experts
Shared Ownership has genuinely helped first-time buyers get onto the property ladder. Our aim is to support you on the next chapter of your property journey of selling your home, by providing buyers the same level of guidance and support you should have received when purchasing your shared ownership home. All at a fair fee and ensuring maximizing listing exposure on all suitable portals Buyers benefit from our knowledge of affordable housing schemes and our direct relationships with housing associations allow us to get things moving faster. SharedOwner was created as an alternative to the traditional estate agent. Our background is in affordable housing, and we specialise in selling affordable homes. We’re the first Shared Ownership Resale dedicated platform, and it has been an amazing success so far.
Some reviews about Shared Owner
SHARED OWNERSHIP IS WHAT WE DO!
We are leading the way in affordable shared ownership resales service. We are committed to providing existing and new shared owners a full service to selling or buying a shared ownership home. With our extensive knowledge and experience, our dedication is to ensure we do our part in retaining affordable properties and not losing them to the open market. Let’s keep shared ownership going for the next generation of first-time buyers
FAQs
Frequently Asked Questions
Welcome to our FAQs page! We have compiled a list of commonly asked questions to provide you with quick and informative answers
How do I sell my shared ownership property?
If you’re ready to sell your shared ownership property, the first step usually recommended is to contact your housing association. But we would advise you to get an independent RICS accredited valuation carried out first, the reason being its best to know the value of your home first to deice whether you wish to continue selling.If it’s a YES, the housing association as part of the lease (always good to double check) have 8 weeks to market your home first (known as the nominations period) the fee is also listed on the lease in some cases painfully it’s a high % of the full market value ouch!If your housing association doesn’t find a buyer during this time you can request to sell on the open market in some cases sooner than the nominations period expires, you can then choose to sell your property privately or through an estate agent of your choice. If you would like to sell your home with Shared Owner, you can find out more of our affordable sales service here
How to sell my shared ownership property on the Open market?
It’s the same as selling any property, you can now sell your property through an estate agent of your choice.We would advise you to select an agency that will allow for double exposure 100% on the open market as well as still selling your share of the property as a shared ownership resale.Most high street agency don’t have access or list their home on the dedicated shared ownership portals, and this is where Shared Owner steps in allowing full exposure on the market and increasing the possibility of finding a buyer. You can find out more what portals we list our homes here
What happens after my shared ownership nominations period?
You can now request to the housing association to sell your property through an estate agent of your choice, you will be able to sell 100% of the property or as a shared ownership resale.Most shared ownership buyers are first time buyers and so It’s important to remember that you select an agency that has the experience and knowledge to help guide your buyer through the process. You can find out more about our experience in shared ownership here
Do estate agents sell shared ownership properties?
Yes, they do but are they any good? Because most high street agency are focused on commission and conversion and shared ownership properties aren’t always the most sought-after stock and so tend to go neglected as they can take some time to sell and have the added layer of buyers having to be approved by the housing association and so the estate agent may be eager to take on your home on but not always active in selling your home.Sadly, this is the case with some housing associations which you initially purchased your shared ownership property from, large housing association that have a huge pipeline of new build homes can neglect shared ownership resale properties. You can find out more about what we do differently here
What is the fee/ associated costs of selling my shared ownership property?
This is the painful part, if sold with the housing association the sale/ marketing fee is already listed on your shared ownership lease and we have seen housing association charge as high as 1% – 2.5% of the Full Market Value.You’ll also need to have the property valued by a RICS chartered surveyor costs can range £300 to £500, the valuation is valid for 3 months and so will need to be extended each time until you have found a buyer and legally exchanged on the sale. A desktop valuation extension can cost £200-£300.A valid EPC is required to market and sell your home and so if this expired you would need a new one, this costs between £60 and £120.Once you have secured a buyer, you’ll need to pay for a Leasehold Information Form/ Management Pack for your buyer from the housing association, which will cost around £200 to £300.You may need to pay for your housing association’s legal fees £500-£750 as well as your own legal fee £1,500-£2,500 when selling your home.This is why Shared Owner has been set up as a shared ownership online agency, the sales process is the same evetime and so by automating the sales process we can enable you to sell your shared ownership home faster and more cheaper than ever before. You can find out more about the sales process here
Ready to get going or want to find out more?
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