Shared Ownership

At Aticus Law, we operate on a fixed fee basis. Contact us for a no-obligation enquiry. We’ll discuss your requirements in more detail, after which we’ll provide a total quote for the work to be carried out.

Shared ownership solicitors 

Shared ownership is a viable option for those who are struggling to get onto the property ladder. When you buy a shared ownership property, it means that you own a certain percentage of the property. A housing association or registered social landlord owns the remaining percentage of the property, on which you pay rent.

Only certain people are eligible to purchase a property through shared ownership. If you are one of them, then you need to get professional legal advice. Shared ownership properties are very different from other types of residential property and you need to be aware of the implications.

Our conveyancing solicitors can review the terms of your shared ownership arrangement and advise you on:

• How you can buy additional shares in the property
• The operation of the rent review clause
• What happens when you wish to sell the property
• The costs involved in paying both a mortgage and rent
• Whether the property is freehold or leasehold, and what this means for you

If you would like to proceed with the purchase, we can handle the entire conveyancing process for you. We use a comprehensive and sophisticated case management system, ensuring your transaction is conducted as quickly and efficiently as possible.