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Property Conveyancing Farleys Solicitors LLP

Shared Ownership Property Solicitors

Shared ownership schemes have helped many people who wouldn’t ordinarily have afforded a property to get themselves on the property ladder and you could be the next person to take that step with the help of Farleys’ shared ownership property specialists.

What is Shared Ownership?

Shared ownership schemes are usually run through Housing Associations or Registered Social Landlords. They allow a buyer to purchase the percentage of a property, often funded through a mortgage, while paying rent on the remaining share, sometimes with the option of buying further percentages of the property until they own it outright (known as staircasing).

Why Do I Need a Shared Ownership Solicitor?

The terms and conditions involved in shared ownership agreements can be complex so it is vital you consult an expert at the earliest opportunity. Your solicitor or conveyancer can assist you to ensure your mortgage offer, contracts, and Stamp Duty Land Tax all comply with the shared ownership scheme requirements. Shared ownership properties are often sold as leasehold as opposed to freehold so your solicitor can talk you through the implications of this and ensure you will not be disadvantaged by this.

Who Qualifies for the Shared Ownership Scheme?

To qualify for shared ownership, you must:

  • Earn less than £60,000 a year as a combined household (outside of London)

  • Be a first-time buyer or a previous home owner but now no longer able to afford to buy a home

  • Be aged under 55 (there is a separate shared ownership scheme for the over 55s called “Older People’s Shared Ownership” where the buyer is eligible to by up to 75% of the home.)

Shared ownership schemes can be open to people who are currently renting a property from the council or housing association.

Why Choose Farleys?

Farleys’ team of residential property solicitors and conveyancers pride themselves on providing legal expertise with a down to earth approach. They cut out the legal jargon and get the job done with minimum stress for clients.

Instant Online Quote

You can get a quote without obligation for buying or selling a property with our free conveyancing quote generator.

Get A Quote

Contact a Specialist in Shared Ownership Properties

Speak to a member of Farleys’ residential property team today on 0333 331 5680 or contact us by email. If you would like an instant quote for our services, please use our online quote generator.

"I can’t thank Andrea enough for the work she put in when I was purchasing my property, she was knowledgable and so so helpful, always responding to emails promptly."

Paula M - Residential Property Client

2020-09-16T09:48:40+00:00

Paula M - Residential Property Client

"I can’t thank Andrea enough for the work she put in when I was purchasing my property, she was knowledgable and so so helpful, always responding to emails promptly."
“Very friendly, proactive and punctual service. Removed a lot of potential stress from house buying. The best service I have had using a solicitor thus far. Very impressed and recommend with high regard.”
2018-04-19T10:49:15+00:00
“Very friendly, proactive and punctual service. Removed a lot of potential stress from house buying. The best service I have had using a solicitor thus far. Very impressed and recommend with high regard.”
“Andrea [Edwards] was extremely helpful and supportive, we couldn’t have asked for more. 5 star service!! Thank You.”

Mr & Mrs B - Residential Conveyancing Clients

2018-11-14T10:40:46+00:00

Mr & Mrs B - Residential Conveyancing Clients

“Andrea [Edwards] was extremely helpful and supportive, we couldn’t have asked for more. 5 star service!! Thank You.”
“The prompt reply to emails. The efficient ‘holiday handover’ of the case. The friendly & efficient service. It appeared that Donna (and Andrea) went the ‘extra mile’ to help push the sale through.”
2018-04-19T10:51:23+00:00
“The prompt reply to emails. The efficient ‘holiday handover’ of the case. The friendly & efficient service. It appeared that Donna (and Andrea) went the ‘extra mile’ to help push the sale through.”
“As first time buyers, the process of buying a house can be daunting. However, Graeme [Booth] was reassuring and helpful which made us feel at ease. His knowledge and advice certainly helped us in the house buying process. Thanks Graeme!”

Conveyancing Client

2020-02-07T12:28:36+00:00

Conveyancing Client

“As first time buyers, the process of buying a house can be daunting. However, Graeme [Booth] was reassuring and helpful which made us feel at ease. His knowledge and advice certainly helped us in the house buying process. Thanks Graeme!”
"Donna’s professionalism gave me confidence in the procedure. Excellent. Thank you.”
2018-06-19T11:27:31+00:00
"Donna’s professionalism gave me confidence in the procedure. Excellent. Thank you.”
“Donna [Jackson] was absolutely fantastic throughout the whole process, we cannot thank her enough. She was very polite and dealt with any requests we had promptly and kept us informed throughout. Very professional friendly service!”
2018-04-19T10:50:11+00:00
“Donna [Jackson] was absolutely fantastic throughout the whole process, we cannot thank her enough. She was very polite and dealt with any requests we had promptly and kept us informed throughout. Very professional friendly service!”
“Andrea Edwards provided an excellent service, professional throughout. We were advised by friends to use Farleys, we will 100% recommend Farleys to friends and relatives in the future. Andrea is a credit to your company/reputation.”
2018-04-19T10:53:15+00:00
“Andrea Edwards provided an excellent service, professional throughout. We were advised by friends to use Farleys, we will 100% recommend Farleys to friends and relatives in the future. Andrea is a credit to your company/reputation.”
“Donna [Jackson] provided an excellent service. Friendly, easy to work with, competent, quick to respond. Couldn’t have asked for better – keep up the good work! Thank you very much! Very impressed. Will recommend and use again!”

Mr B & Miss J – Property Client

2018-08-06T13:01:22+00:00

Mr B & Miss J – Property Client

“Donna [Jackson] provided an excellent service. Friendly, easy to work with, competent, quick to respond. Couldn’t have asked for better – keep up the good work! Thank you very much! Very impressed. Will recommend and use again!”
“Dealing with Andrea [Edwards] was very re-assuring as she is professional, efficient and very capable. Above all she explains things in a very factual yet easy to understand way.”

- Mr & Mrs Q – Property Purchase

2019-05-16T11:41:02+00:00

- Mr & Mrs Q – Property Purchase

“Dealing with Andrea [Edwards] was very re-assuring as she is professional, efficient and very capable. Above all she explains things in a very factual yet easy to understand way.”
“This was a difficult house sale that collapsed on three occasions.  Whilst stressful I was always confident Farleys were 100% behind me.  Expert advice and client care.”

Mr T - Property Client

2019-05-16T11:24:30+00:00

Mr T - Property Client

“This was a difficult house sale that collapsed on three occasions.  Whilst stressful I was always confident Farleys were 100% behind me.  Expert advice and client care.”
“My best interests were always at the forefront of everything”

Ms B – Domestic Conveyancing Client

2018-09-24T12:51:12+00:00

Ms B – Domestic Conveyancing Client

“My best interests were always at the forefront of everything”
"Donna [Jackson] is an asset to your company and throughout the whole process she was informative, responsive and reliable and I would recommend her to everyone. She is also so friendly and as first time buyers made us feel no question was a silly one, she made us feel really comfortable as she is so approachable."

Jacqueline Bee - Conveyancing Client

2020-06-03T12:21:48+00:00

Jacqueline Bee - Conveyancing Client

"Donna [Jackson] is an asset to your company and throughout the whole process she was informative, responsive and reliable and I would recommend her to everyone. She is also so friendly and as first time buyers made us feel no question was a silly one, she made us feel really comfortable as she is so approachable."
“We received a fantastic service from Andrea [Edwards] through a very tricky house move. We were very impressed with all the service provided.”

Mr & Mrs C – Domestic Conveyancing Clients

2018-09-24T12:57:20+00:00

Mr & Mrs C – Domestic Conveyancing Clients

“We received a fantastic service from Andrea [Edwards] through a very tricky house move. We were very impressed with all the service provided.”
“Everything went smoothly and no hassle = no stress!”

Mr H - Residential Property Client

2019-05-16T11:23:01+00:00

Mr H - Residential Property Client

“Everything went smoothly and no hassle = no stress!”

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