Shared Ownership

Shared ownership is an increasingly popular way to get on the property ladder, especially for first-time buyers and key workers. But it comes with its own legal complexities. At Franklins Solicitors, we provide clear, expert advice to help you understand your rights, responsibilities and options from start to finish.

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Law for life

What is Shared Ownership?

Shared ownership allows you to buy a percentage share of a property, typically from a housing association or developer and pay rent on the remaining share. You can increase your ownership over time through a process called staircasing.

It’s designed to be more affordable than traditional purchases, but it’s still a long-term legal commitment. We help ensure you fully understand the scheme before you sign.

law for life

How We Help with Shared Ownership Transactions

Our specialist conveyancers deal with all legal aspects of shared ownership property, including:

Purchasing a Shared Ownership Home
Selling a Shared Ownership Property
Staircasing (Buying Further Shares in your Home)
Lease Reviews and Compliance with Housing Association Rules
Liaising With Mortgage Lenders and Shared Ownership Providers
Advice on Resale Restrictions and Nomination Periods

Speak to our Conveyancing Team

If you’re planning to buy, sell, or remortgage a property, our team is ready to help. Contact your local Franklins office to speak with an expert.

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Sharon Grist

Senior Manager

Candice Spencer

Solicitor

Hannah Driver

Manager

Leanne Harris

Manager

Lucy Toomer

Manager

Felicity McNally

Bespoke Residential Property Conveyancer

Sarah Horton

Licensed Conveyancer

Lee Holmes

Partner

Scott Wright

Partner

William Jones

Associate Partner

Denise Watson

Associate Partner

Brook Winnett

Assistant Manager

Emma Sinclair

Assistant Conveyancing Manager

Kris Raca

Senior Manager

Jemma Jacobs

Licensed Conveyancer

conveyancing

Buying a Shared Ownership Home

Lease Review

We review your lease and explain the key terms clearly, so you know exactly what you’re signing.

Meeting Requirements

We make sure everything complies with your housing provider’s conditions to keep the process smooth.

Mortgage Checks

We review your mortgage offer and highlight any legal conditions that need to be met before completion.

Coordinating Parties

We liaise with your housing association, developer, and broker to keep everyone aligned.

Final Steps

We submit your Stamp Duty return and register your ownership with the Land Registry.

Conveyancing