Selling your home
Although different from selling a home on the open market, selling a shared ownership home is still a simple and straightforward process. This easy-to-follow guide has all the information you’ll need to sell a shared ownership home.
If you need help, we have a specialist sales team on hand to help guide you through the sales process.
Seven steps to selling your home
- You must contact us to let us know you wish to sell a shared ownership home. When acting on behalf of a loved one, you’ll need to provide additional documentation to prove you have authorisation to act on their behalf.
- You’ll need to have the property valued by a Royal Institute of Chartered Surveyors (RICS) qualified surveyor and arrange for an Energy Performance Certificate (EPC) to be carried out on the property (if a valid EPC is not available).
- You’ll need to send us a completed copy of our ‘Intention to sell’ and ‘Property details’ form, along with the valuation report, valid EPC and photos of the property (used to create a property sales brochure) to firstname.lastname@example.org.
- We’ll assess any potential buyers, and if successful, arrange with you an appropriate time to view the property. Any resulting offers will require your approval before a sale can be agreed.
- You’ll need to let us know the details of the solicitor you're using for the sale of the property. We advise you choose a solicitor who is familiar with shared ownership transactions. Your solicitor and the buyer’s solicitor will carry out the process of collating all the required information to facilitate the sale of the property.
- The legal documents are signed by all parties and contracts are exchanged. The deposit is transferred to your solicitor and a moving date set (known as the completion date). Our solicitor will send confirmation of any outstanding service charges and any legal fees to be collected upon completion.
- Prior to the moving day, arrangements will be made to collect the keys to the property so we/you can pass these onto the new owner.
Frequently asked questions (FAQs)
- How will Alliance Homes sell the property?
- What happens if Alliance Homes can’t find a buyer within the 8-week nomination period?
- What documents will you need from me?
- What costs am I likely to incur?
- Why do I need a valuation report?
- How do I get a valuation and how long will it last?
- How will home improvements affect my valuation?
- What if I’m not happy with my valuation?
- What is an EPC and how do I get one?
- What is a Landlord/Leaseholder information pack?
- Who will take photographs for marketing?
- How long on average will it take me to sell the property?
The following FAQs are only applicable if you’re selling a property on behalf of a loved one.