Selling your Shared Ownership home
If you own a Shared Ownership home and want to sell it, here’s how the process works.
Step: 1
Notify us of your intention to sell
This can be by telephone, 0300 111 1000 or email, homeownership@thirteengroup.co.uk
Step: 2
Get a valuation
You’ll need a current open market valuation from a RICS-qualified surveyor.
This isn’t the same as an estate agent’s estimate – it must meet the Government’s Affordable Home Ownership Scheme rules, you can choose your own surveyor.
Prices range from £60 to £120 plus VAT, depending on location.
Once the valuation is done, send it to Home Ownership, we’ll confirm the sale price based on the share you own.
Step: 3
Accept the valuation
We’ll send you the valuation report and a form to confirm you want to sell.
You can sell your share or, in some cases, the full 100% of the home. This depends on your lease – some homes have a cap (e.g. 70–80%) or require you to wait 12 months before selling.
Valuations are valid for 3 to 6 months. If your sale doesn’t complete in that time, you’ll need a new one.
Step: 4
Advertise your home
You can use an estate agent (you’ll cover the costs)
Step: 5
Find a buyer
Buyers must be approved. Once they apply, an affordability and eligibility check will be carried out by an independent company.
Step: 6
Legal process
Once a sale is agreed you'll appoint a solicitor or conveyancer. We’ll pass the details to our Legal Services Team. Please note you’ll cover your own legal fees.
Step: 7
Welcome interview
We’ll meet with the buyer to explain the lease and their responsibilities, answer questions about the home or development and make sure they know who to contact after moving in.
We encourage buyers to raise legal questions with their solicitor during conveyancing.
Get in touch
For more information, please get in touch with our home ownership team.