Housing Associations Conveyancing Solicitors. Shared Ownership Or Equity SchemesWritten by homebuy1
Shared ownership, shared equity schemes are managed by Housing Associations. Homebuyers buy a share of the property and pay rent on the balance. Social Landlord.
Shared ownership means buying a share of a property, which is often between 25% and 75% of the property value, and paying rent on the remaining balance. This affordable route to home ownership is further supported by the share being purchased using a mortgage.
The Housing Association is a registered Social Landlord.
The Homebuyer Conveyancing panel supplies conveyancing quotes to potential shared ownership buyers. Transparent and clear legal costings helps would be buyers to check out their affordability. They can make their move when they are ready.
The Homebuyer Conveyancing Solicitors are ready to work alongside the Housing Association Conveyancers.
Helping Families and Individuals take the first step to Home ownership
Shared ownership buyers can go online and use the Homebuyer Conveyancing costs calculator to compare shared ownership conveyancing quotes. No personal details are required to view quotes online. The conveyancing results can be filtered by price, location and by Mortgage Lender.
The system provides Homebuyers the tools to compare their recommended Conveyancing Solicitors with members of the Homebuyer Conveyancing panel. Instructing a value for money Conveyancing solicitor is so important as every pound saved can be used to spruce up the new property.
Compare conveyancing quotes online and prepare to save both time and money.
No Hidden Fees or Costs
So many websites provide legal costs that do not represent the total costs. We at Homebuyer Conveyancing do all we can to ensure that shared ownership buyers are provided with an all inclusive, fixed fee conveyancing quote.
The Homebuyer Conveyancing quote is valid for 21 days.
If Homebuyers run over that time before instruction then they should check with their chosen Homebuyer Conveyancing Solicitor that the total quote remains the same.
They can always get a new quote after the 21 days.
Literally taking just a few minutes using the online instant Homebuyer Conveyancing quote service.
Can the Shared Ownership Buyer increase their share at a later stage?
Each Housing Association will provide detailed terms on how the share of ownership can be increased. The beauty of the scheme is that as the share increase the rent decreases.
Many Homebuyers strive to own their property in full. In small increments they can slowly increase their share or maybe after a windfall of cash they can swiftly substantially increase their share to total ownership
Buyers can use specific shared ownership mortgages. Finding a Mortgage Broker that has many lenders that will provide a mortgage is key.
Experienced Homebuyer Conveyancing Solicitors in the field of shared ownership, will be able to scrutinise and understand the Housing Associations terms and conditions of purchase.
Shared ownership buyers are joint owners and as such their interests must be managed by an Independent Solicitor.
If this is for you then watch out for Share to Buy, Shared Ownership Housing Association deals
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Why Choose Us
The Homebuyer Conveyancing panel provides you with the cost of conveyancing search filters to match your specific property legal needs, when it comes to selling, buying residential property or buy to let property investments. Our lender Conveyancing Solicitors and Licensed Conveyancers panel cover England and Wales. Your Conveyancing quotes are fully itemised. No hidden charges.
Free No Obligation Advice
Need Conveyancing Advice? – Prepare your property legal question and book a timed call back from your chosen Conveyancer by using the Instant conveyancing quote tool.
Alternatively please call us on 0345 463 7664. We are here to help you.
Find your best mortgage lender panel approved Property Solicitors and Conveyancing Solicitors quotes for your residential Sale, Purchase, Property Move or Remortgage by using our lender, location and price comparison service.
Our Service Promise
- Price Comparison service - No personal details
- Conveyancing quotes - Fully itemised - Include Conveyancing fees and disbursements
- Book a call from your Conveyancer at your requested time
- Profesional Property Solicitors and Licensed Conveyancers that understand your needs
- Please call us on 0345 463 7664 We will help you find your best Conveyancing quote
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- Homebuyers can add the Flexi Smart Contingency House Insurance to their quote
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You can get a discount on the following reports.
RICS Condition Report - Property Condition
RICS Homebuyer Report - Property Condition and Valuation
RICS Premium Building Survey - Property Condition, Valuation with approximate costs / urgency