Shared Ownership

Buying a shared ownership property is growing in popularity especially amongst first time buyers or people struggling to get their foot on the property ladder. The difference in buying shared ownership in contrast to a standard property is that you only buy a percentage share in the property (50%, 25% etc) and the other part you would normally rent from the seller, usually a local housing association. After an agreed amount of time, the housing association would normally give you the option to buy the other shares in the property making you the sole owner.

Raleys property lawyers have great experience in dealing with what can sometimes be a complicated process. As there are more rules and conditions to consider when buying shared ownership, it is important that you receive sound, professional advice in order to protect your long term interests.

If you would like to speak to a member of the property department on this service and the benefits of using Raleys for your property needs, please call our dedicated helpline on 01226 603136.