Shared Ownership, Share to Buy Conveyancing Costs

Compare specialist shared ownership Conveyancing Solicitors online. Find your Share to buy, rent to own, affordable housing property legals in an instant.

The Homebuyer Conveyancing panel members are experienced in providing legal services to clients purchasing, selling or staircasing a shared ownership home. The legal professionals have specialist knowledge of affordable housing nationwide transactions. They offer a premier service and explain in full what is involved. Our legal experts strive to turn the complex legal jargon into words that we all can understand.

Shared Ownership Explained

You buy a share in your home, usually between 25% and 75%. You then rent the remaining share from a Housing Association which provides the scheme.

Mortgage lenders do offer mortgages that cover your share.

The Housing Association provides a lease which details the shares which both you and the housing association own.

The lease will also detail the rent you pay. It may restrict the type of use - such as It can’t be used as a buy to let property.

Staircasing

You can sometimes buy more shares in the property when you can afford it and eventually own the property outright.

The lease may stipulate however that the property must always be an affordable home.

Selling A Shared Ownership Property

If you have owned your property outright for less than 21 years then the Housing Association has the right to buy it back first.

Housing Associations have waiting lists of people who want affordable housing.

Other Forms Of Affordable Housing are

  • Help to Buy Equity Loan
  • New Buy Scheme
 

Why Choose Us

Save & Convey in partnership with The Homebuyer Conveyancing panel provides you the Homebuyer or Investor the conveyancing tools to find your property legal professional – Your Conveyancer. We understand that selling, buying and remortgaging freehold and leasehold property can be a stressful experience. We provide Free Instant conveyancing quotes where you can compare cheapest or nearest saving both time and money. You can book a call from your chosen Conveyancing Solicitor or Licensed Conveyancer to discuss your quote.

Free No Obligation Advice

Need Conveyancing Advice From A Property Legal Professional? – Why not use our conveyancer finder and book a timed call back from your chosen Conveyancer.

Alternatively please call us on 0345 463 7664. We are here to help you.

Our conveyancing search filters provide specialist conveyancing quotes. Help to Buy, Right to Buy, Shared Ownership, Transfer of Equity, selling Freehold or Leasehold property or when you need a specific Lender Conveyancer that is on your approved mortgage conveyancing lender panel when you are buying or remortgaging freehold or leasehold property This is often applicable when you have a loan / mortgage.

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