If you own a shared ownership property and want to sell it on, you have the option of selling just your share or the whole of the property. 

We've pulled together some key information below on selling your home and have also created this handy information pack. if you're interested in selling your home, please call our Housing Advice Team on 0345 60 20 540 in the first instance.

Who's eligible to sell on their shared ownership property?

Anyone who owns shares in a shared ownership property is eligible to sell it on but you’ll only receive the value of the shares you own- unless you staircase fully and sell on the whole property.

What if my property has gone up in value since I purchased my shares? 

Before proceeding with the sale, your property will be valued by one of our recommended valuation companies, so we can make sure the property is sold at a fair and current market price.

Should I buy more shares before selling?

The best option for selling on your property shares depends on your particular situation.  

If you’ve done a lot of work on your property and made improvements that would significantly improve the resale value, it can be worth purchasing the remaining shares and then selling the property outright, to make sure you’re getting the most out of your sale. 

If your home is in the same condition as when you purchased your shares and you haven’t invested much money into it, other than general upkeep, then it makes sense just to sell on your current shares as they are.

If you wanted to sell 100% of the shares in your home, you’d need to purchase the remaining shares first. 

This can be done by buying the remaining shares and selling simultaneously to the buyer.   The money for the remaining shares would then come from the buyer.  This is known as back-to-back staircasing.

If you would like any further information about this please get in touch on 0345 60 20 540.

Who will help me make the right decision?

Your estate agent can advise you on this and can try to sell in various different ways for you.

Who can I sell to?

If you’re selling your property on as a shared ownership property, the new buyer will need to meet our shared ownership eligibility criteria. You can find that in our shared ownership FAQs.

Your estate agent should know this and will help you find a buyer that fits.  

What if there isn't much time left on the lease?

If there isn't much time left on the lease, you can staircase to 100% and buy the freehold of property. Take a look at our Staircasing webpage for more information.

For queries on your particular situation, you can email resales@midlandheart.org.uk


If you're looking to learn more about selling your home, please give us a ring on 0345 60 20 540 and ask to speak with our Housing Advice Team.

If you've been asked to provide the details of your estate agent, please fill out the form below.