When it comes to shared ownership conveyancing, sales and purchases are simply more complex than buying or selling a traditional residential property.
Shared ownership schemes themselves are usually quite complicated, and can have confusing terms and conditions. Also, there are a limited number of mortgage lenders who are happy to fund shared ownership purchases.
You need to have a conveyancing Solicitor to protect your interests, to clearly explain what you’re buying and to understand how to make sure your shared ownership purchase goes ahead smoothly – which often means sticking to tight Housing Association deadlines.
It’s therefore very important that you deal with a Solicitor who has plenty of knowledge and experience of shared ownership when you are thinking about buying a property on this basis.
Our property team have the experience you need when it comes to shared ownership. Our Solicitors are recommended solicitors for a wide range of housing associations.
But beware – some law firms might quote based on the costs for a standard leasehold purchase. That’s probably because they don’t understand what’s involved. Conveyancing for shared ownership properties is more complicated than a “normal” purchase, and the most sensible thing to do is to work with solicitors who can show both experience and knowledge in this area.
Our experienced property team handle shared ownership conveyancing.