Book viewings, submit offers and valuations online 24/7

Sale Bromford housing Shared
Ownership Property From Just £399*

(All prices inc. VAT)

SELLING BROMFORD SHARED OWNERSHIP HOME WITH 99HOME

99home is expert in selling and reselling shared ownership properties across the Nation

  • Dual listing : Market properties on Shared ownership percentage as well as full price
  • Average buyer find time is 21 days
  • 98% of properties successfully sold during the nomination period
  • Comprehensive advertising coverage on prominent shared ownership portals
  • A centralised destination for all shared ownership requirements: one stop shared ownership property shop

Bromford home selling process

How do we work

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 two 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

No commission, fast and easy process within your control.

£399

Save ££££! Use your own dedicated dashboard to instantly access and manage your property sale from our simple platform with the help of 99home

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

OPTIONAL SERVICES

  • Accompanied Viewings £360:
  • EPC: £79:
  • RICS Valuation £360 onwards:
    survey cost may be subject to your property location and size.

SO NO SALE NO FEE

Don't pay a penny until your home is sold.

1% + VAT *

Just 1% + VAT of the share value of your property we sold. Great service and low fees

Pay later

Photo/floorplan

Description

Compliance check

Admin tasks

6 months advertising on all major property portals

Enquiry & buyer screening

Viewing assistance

Buyer(s) pre-vetting

Buyer(s) compliance check

Conveyancer/Solicitor Arrangement

Preparation of Paperwork

Sales progression

Key handover

1% or £999 (whichever is higher)

Why 99home is better than local high street agents?

  • Sold more than a billion worth of properties
  • Served more than 50,000 clients
  • Shared ownership expert team
  • Most flexible and competitive fee
  • Flexible selling package
  • Dashboard to see your property particulars
  • Dashboard to see your property progress
  • Save thousands in estate agent commission
  • Receive enquiries and schedule viewings
  • We market properties on Shared ownership percentage as well as full price( upon request)

WE HAVE SOLD PROPERTIES FOR

How do we work

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 HA's and vendors

Where we advertise

Check a free valuation OR I am ready to instruct

Book a time to suit you, seven days a week.


Book a free valuation

Get your home on the market within 48 hours.


I am ready for survey

Bromford shared ownership resale property buying process

Important Links

If you're unable to cover the full cost of the deposit and mortgage payments for a home that suits your requirements, Shared Ownership presents an opportunity for you to acquire an initial share of a home, valued between 10% and 75% of its market value. Subsequently, you'll be responsible for paying rent to the housing provider for the remaining share.

Flexibility is built into the arrangement, allowing you to purchase additional shares in your home at a later date whenever your financial capacity allows. This process, referred to as 'staircasing,' enables you to decrease the rental payments corresponding to the proportion of the home you have acquired through additional shares. The rent amount is determined based on the size of the share you have yet to purchase.

Deposit Details: The required deposit amount is subject to the terms and conditions set by your mortgage provider, generally falling within the range of 5% to 25% of the value of your ownership share.

Ownership Insight: Acquire a leasehold interest representing 10% to 75% of the home's value, with potential variations based on local conditions.

Key Advantages: Facilitates entry into the property market with a reduced mortgage burden and a more manageable deposit.

Essential Criteria: To qualify, your gross annual household income should not exceed £80,000 for purchases outside London and £90,000 for purchases within the London area.

New model of buying a shared ownership property

  • Decreased the minimum share needed for purchase from 25% to 10% of the property’s market value. However, you are still obligated to acquire the maximum share size within your financial means.
  • Implemented a 10-year period during which your housing provider is committed to assisting you with the expenses related to essential maintenance and repairs for your home.
  • Reduced the minimum share size available for purchase through staircasing from 10% to 5% of a property’s market value.
  • Introduced an innovative staircasing option, allowing you to acquire an additional 1% of your home annually.
  • Empowered you with greater control over the timing of selling your home.

Eligibility Criteria

Discover the possibilities of homeownership through Shared Ownership in England if you meet the following criteria:

Your household income is £80,000 per year or less, applicable when purchasing outside of London, or £90,000 per year or less if you're buying within London.
You qualify as a first-time buyer, have previously owned a home but cannot currently afford one, or are an existing shared owner seeking to relocate.

With Shared Ownership, you have the opportunity to purchase either a newly constructed home or an existing property through resale programs offered by housing associations. Financing your share of the home's purchase price can be achieved through a mortgage or your personal savings. It's important to note that Shared Ownership properties are always leasehold.

Bromford home buying process

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