Resale
Selling your current Shared Ownership home is known as a "resale" or "assignment", as you’re selling your share to someone else. In your lease, you’ll find confirmation of the length of time we’ll market your share for resale. This is known as the "nomination period".
Under the terms of your lease, if you own less than 100% of your home, you’ll need to advise us in writing of your intention to sell. The Sales and Marketing team will then assist you in selling your home.
If you need further information or advice, please email the Sales and Marketing Team or call 0300 304 5000.
Staircasing
As a current shared owner, you may wish to buy more of your property or even buy the property outright. This process, known as 'staircasing' and enables you to own more of your home. The more you own of your home, the less rent you’ll pay. If you staircase to 100%, you become an outright owner and will not pay any rent.
For further advice or to request a staircasing pack, please email the Sales and Marketing Team or call 0300 304 5000.