Shared ownership is a popular way to buy a home if you can’t afford to purchase outright. It allows you to buy a share of a property and pay rent on the remaining portion, with the option to increase your share over time.
At Latimer Solicitors, our shared ownership conveyancing solicitors help clients across England and Wales navigate this process confidently. We’ll ensure the legal paperwork, housing association requirements, and mortgage conditions are all handled correctly so that your purchase goes through smoothly.
Why Shared Ownership Conveyancing Matters
Shared ownership purchases are more complex than standard property transactions because they involve multiple parties — you, your mortgage lender, and the housing association. Each has its own requirements that must be met before completion.
Without clear legal guidance, buyers can face delays, confusion, or costly mistakes. Having an experienced solicitor ensures your interests are fully protected and that all agreements are clear from the start.
You might be:
- Buying your first home through a shared ownership scheme.
- Increasing your share in your existing property (known as staircasing).
- Selling your shared ownership share.
- Remortgaging your shared ownership property.
In every case, specialist legal support ensures the process is handled correctly and efficiently.
How Latimer Solicitors Can Help
Our conveyancing team has extensive experience with shared ownership purchases, staircasing, and sales. We understand the extra steps and documentation these transactions require, and we’ll guide you through them clearly and confidently.
When you instruct Latimer Solicitors, we will:
- Review the shared ownership lease to confirm your rights and responsibilities.
- Liaise with the housing association or landlord to ensure all consents and approvals are in place.
- Review your mortgage offer and ensure it meets the scheme’s requirements.
- Conduct all necessary property searches and report to you in plain English.
- Explain how rent and service charges are calculated and when they apply.
- Handle exchange and completion within the deadlines set by the housing association.
- Register your ownership with HM Land Registry after completion.
We’ll ensure everything is completed properly so that you can move into your new home with peace of mind.
Our Process / What to Expect
Here’s what the shared ownership conveyancing process looks like when you work with Latimer Solicitors:
- Initial Advice and Quote
We’ll review your housing association documents, confirm your eligibility for the scheme, and provide a fixed-fee quote.
- Reviewing the Lease and Contract
We carefully examine the shared ownership lease and the developer or seller’s contract, explaining all key points clearly.
- Liaising with the Housing Association
We deal directly with the housing association to ensure that all approvals, forms, and conditions are met.
- Searches and Mortgage Checks
We carry out searches, review your mortgage offer, and make sure everything aligns with the housing association’s rules.
- Exchange of Contracts
Once all legal checks are complete, contracts are exchanged and your completion date is set.
- Completion and Registration
On completion day, we transfer funds, finalise all paperwork, and register your ownership at HM Land Registry.
If you’re staircasing or selling a shared ownership share, we handle those transactions too, ensuring the correct notices and consents are in place.
Why Choose Latimer Solicitors?
Shared ownership conveyancing requires a solicitor who understands both property law and housing association rules. Clients across England and Wales choose Latimer Solicitors because we provide:
- Specialist expertise in shared ownership, staircasing, and resale transactions.
- Clear, fixed-fee pricing so you know your costs upfront.
- Nationwide service, helping clients wherever you are in England and Wales.
- Decades of conveyancing experience across residential property law.
- Regulated by the Solicitors Regulation Authority (SRA) for your confidence and security.
- Approachable solicitors who explain everything in plain English.
We take pride in guiding clients through this process with care, precision, and attention to detail.
