Want to sell?
When you are ready to sell your shared ownership home this is known as a resale.
The first step is to download our guide to Resales and contact us, and we can guide you through the process.
If you own 100% of your property you only need to let us know when you have a buyer.
The Stages in Selling:
Step 1 – Contact Your ReSI Home
Step 2 – Valuation
Obtain a valuation from a RICS surveyor to set the sales price of your home with your landlord.
Step 3 – Find a sales agent
You can use our recommended re-sales agent MTV SO Resi or use an agent of your choice.
Step 4 – Buyer found – Affordability Assessment
Once you have a buyer, they will need to provide an acceptable Affordability Assessment to ensure that they meet the eligibility criteria for shared ownership and the landlord.
Step 5 – Appoint a solicitor
When your buyer is approved all parties will instruct solicitors and the Memorandum of Sale (MOS) will be issued.
Step 6 – Legal and Completion
Solicitors will liaise with each other to complete legal aspects.
A completion date will be agreed, and the details and arrangements around key collection and handover will be arranged.