When you’re ready to start your Shared Ownership journey, there are seven steps to finding your new home.
1. Find a home you are interested in
Browse our website and find a home or development that you are interested in.
- For homes that are ready to apply for: simply click the Start your application button and follow the steps below.
- For homes that are coming soon: register your interest via the Get in touch button on our website listings. We’ll then let you know via email when the properties will be available to apply for.
Call or email us: Alternatively, you contact our Sales team who are on hand to help you through your Shared Ownership journey.
2. Complete your application
- Once you’ve found a home you are interested in click Start your application.
- We’ll direct you to contact an allocated Broker who will work with you to complete an affordability assessment.
- When that’s completed, it will be passed to our Sales Consultants for review. They will be in touch to confirm if we can offer you a property. This can take up to four weeks, or possibly a little longer if allocations have to be made by a Local Authority.
3. Reserve
Once you’ve had the good news that we can reserve you a new home, you’ll need to:
- Complete a reservation form.
- Pay a £250 reservation fee.
- Provide proof of funding & ID.
From this point, typically, it takes six weeks to finalise the legal part and be ready to move into your new home. This can vary, but your Sales Consultant will be on hand to keep you posted with regular updates.
4. Appoint a Solicitor
We will both need Solicitors to manage the legal part of the home buying journey, and you will need to select yours.
We have a list of independent Solicitors who are experienced in dealing with Shared Ownership purchases, or you can decide to appoint your own.
5. Arrange your mortgage
Your lender will arrange a mortgage valuation for you, and we’ll agree a timescale for you to obtain a mortgage offer and exchange contracts with your solicitor. This will help us all to stay on track with timings – it will also help speed things up if you send us a copy of your mortgage offer as soon as you receive it from your lender.
6. Exchange contracts
Once we have received all of the documents we need, it will be time to exchange contracts:
- You will sign a contract to buy the home, and we will sign another to sell it to you.
- Your Solicitor will ask you to pay your deposit.
- On exchanging contracts, the date for completion will be agreed. This is normally one or two weeks from exchange, or, if your house is still being built, we’ll keep you up to date with its progress.
7. Move in
Congratulations! This is the big day where you will receive the keys to your new home.
We’ll usually arrange to meet you at your new home, and walk you through the property. We’ll check all the meter readings and let the utility companies know you are the new owner. You’ll just need to remember to register for Council Tax with your Local Authority… and find somewhere to put the kettle!