Resale Properties

RESALE PROPERTIES

A Shared Ownership resale is the sale of a home that a current owner bought through Shared Ownership and now wishes to sell.

Unlike new-build Shared Ownership properties, buyers of resales must purchase at least the share that the current owner possesses, but they can also choose to buy a larger share if they can afford it, potentially up to 75%. 

This allows people to purchase a home with a smaller initial deposit and mortgage, and then increase their ownership share over time through a process called staircasing.