Guide to Shared Ownership brochure

A Guide to Shared Ownership

Please check before carrying out any improvements in the first 12-24months as this could affect any warranties or guarantees that are held on the property. Buying more shares – This process is referred to as ‘staircasing’. The price you pay for any additional shares is based on the value at the time and will be determined by an independent RICs surveyor at the time. You are responsible for the cost of this and your solicitor fees and mortgage fees. Selling your home - We have an in-house team to assist with all aspects of owning your home. If you would like to buy further shares, remortgage, extend or sell they will guide you through the process. Your lease will detail a nomination period that gives bpha the right to market your home and try and find a buyer. If we are unable to find a buyer you can list your home with an estate agent in the normal way.

As with any home the value of your property will rise and fall with general market conditions.

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