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Resale Your Shared Ownership Property From Just £399*

(All prices inc. VAT)

THINKING OF SELLING YOUR SHARED OWNERSHIP PROPERTY?

share down

Selling a shared ownership property is not a very straightforward process.

Each Housing Association (HA) will have slightly different rules but in general, you should be able to sell your property at any time.

The value of your property must be determined by a qualified Chartered Surveyor.

The HA will have an initial Selection period (usually 50-60 days), in which to ‘nominate’ a buyer for your share of the property at the valuation price.

Deciding to move is the first step toward selling your shared ownership property. 99home will help you to sell the property by working and negotiating with individuals, housing associations and local authorities. We can guide you through the process from start to finish.

Our packages



We, at 99home, take pride in offering the most competitive pricing packages to sell your shared ownership property. Starting from just £399, we offer three different packages, tailored to suit your specific needs. Your property is listed on all major online property portals. Our team of shared ownership professionals is available to help and provide you with all the necessary support.



SO DIY

£399

(Manage your sale by yourself)

Pay advance

Photo/floorplan

Description

Compliance check

Admin tasks

2 months advertising on all major property portals

Enquiry handling

Buyer screening

Sales progression

Arrangement of key handover

SO TEAM

£999

(You host the viewing, we do the rest)

Pay advance

EPC

RICS Valuation Survey (valid for 3 months)

All features of DIY package

Viewing assistance

6 months advertising on all major property portals

Prioritisation & nomination of a buyer

Discounted conveyancing

key handover

SO NO SALE NO FEE

1% + VAT *

(of the share value sold)

Pay later

Photo/floorplan

Description

Compliance check

Admin tasks

6 months advertising on all major property portals

Enquiry & buyer screening

Viewing assistance

Sales progression

Key handover

1% or £999 (whichever is higher)

Stats

Optional services

  • Hosted viewings: £360
  • EPC: £79
  • Zoopla premium listing: £50
  • RICS Valuation: £200 onwards

WE HAVE SOLD PROPERTIES FOR

PROBLEMS WE ARE SOLVING

  • Nomination period, Vendors' concerns arise
  • Simplify the process for vendors and HA's
  • Job completed before the Nomination deadline
  • HAs obtain vendor confirmation, we'll handle the rest
  • 99home takes almost 60% of the HA's workload
  • Verifying shared ownership affordability
  • Complete transparency on progress for HAs and vendors

Where we advertise

1

WHAT IS STAIRCASE?

Staircase in a shared ownership property refers to a method of buying a portion of a property (usually a flat or apartment) and paying rent on the remaining portion, while gradually increasing the ownership stake over time until the property is fully owned. The staircase allows the buyer to purchase additional shares of the property at predetermined intervals, typically in increments of 10%. The buyer can choose to purchase more shares or continue to pay rent on the remaining portion of the property.
With shared ownership staircasing you can normally increase additional shares of 10% or 25% or more. You can staircase up to 100% so long your housing association permits. To determine the staircasing cost, you need to to get a current market valuation to confirm what the additional share will cost.

2

WHAT IS RICS VALUATION?

If you have a shared ownership property and need a valuation if you are either planning to sell or staircasing, which is buying a larger share in it. Selling or the staircasing valuation is typically the same as the shared ownership resale valuation but simply for a different purpose.
Before you organise RICS valuation, you must confirm that your housing association allows you staircasing and stipulates that you must do this to determine how much the next share will cost you at what price of your property.
RICS Valuation survey cost may be subject to your property location and size.
Remember, Shared Ownership RICS Valuation is not a “Home Buyer Survey” and does not consider Property defects. Your housing association require the valuation report to be done by a Qualified RICS valuer and Reported must be on RICS headed paper

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