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When an existing Shared Ownership property becomes available for resale, you can buy the share from the current owner. You can buy the share that is for sale (or more if you can afford it), between 25% and 75% of the properties market value, and pay us a subsidised rent on the remaining share. You will generally purchase your share by having a small deposit (5% of the share you buy or more) and raising a mortgage on the rest. We are sometimes able to help previous home owners who have equity from the sale of a previous property.
If you own a Shared Ownership property, and are interesting in selling, please get in touch with and we will happily discuss the process with you. Clarion aims to provide affordable housing options to as many people as possible, and for that reason we have one to three months (depending on your lease) to find you a suitable buyer. We recognise the challenges that selling a home can bring, and we will be able to offer a complete service to help you every step of the way.
All of our new build and resale Shared Ownership homes are available to view on the Share to Buy property portal. Use the link below to search for available homes, view property images and enquire to arrange a viewing.