Shared Ownership Solicitors

Shared Ownership schemes are provided through Housing Associations and are an excellent way of buying your own property when prices throughout the country are so high.

Shared ownership is a cross between buying and renting and is usually aimed at mainly first time buyers.  You are able to buy a share of your home, usually from 25% to 75% of the home’s value, and pay rent on the remaining share.

You will need to take out a regular mortgage to pay for your share of the home’s purchase price and Shared Ownership properties are always leasehold, not freehold. There are also options to purchase a larger share of the property at a later date.

You will need to speak to your local Help to Buy agent to see if you qualify for these schemes. We will be able to help you with all of the necessary legal matters relating to purchasing a property and ensure that you are taken care of with skill and understanding as we know that you will want to complete your purchase as soon as possible.