Shared Ownership Archives - Franklins Solicitors https://www.franklins-sols.co.uk/faq_category/shared-ownership/ Thu, 21 May 2026 10:35:54 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.5 Can I sell a shared ownership property? https://www.franklins-sols.co.uk/insights/faqs/can-i-sell-my-share/ Mon, 11 Aug 2025 10:54:49 +0000 https://franklins.global-exposure.co.uk/?post_type=avada_faq&p=5772 Yes. If you own a shared ownership property, the Housing Association will usually have the right to find a buyer within a set nomination period. After that, the property can typically be marketed more widely, subject to the terms of the lease.

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]]> Yes. If you own a shared ownership property, the Housing Association will usually have the right to find a buyer within a set nomination period. After that, the property can typically be marketed more widely, subject to the terms of the lease.

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]]> Who is responsible for repairs? https://www.franklins-sols.co.uk/insights/faqs/who-is-responsible-for-repairs/ Mon, 11 Aug 2025 10:54:36 +0000 https://franklins.global-exposure.co.uk/?post_type=avada_faq&p=5770 Often, leaseholders are responsible for internal repairs, even if they don’t own 100% of the property. We’ll explain exactly what your lease requires.

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]]> Often, leaseholders are responsible for internal repairs, even if they don’t own 100% of the property. We’ll explain exactly what your lease requires.

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]]> Do I still pay Stamp Duty on a shared ownership home? https://www.franklins-sols.co.uk/insights/faqs/do-i-still-pay-stamp-duty-on-a-shared-ownership-home/ Mon, 11 Aug 2025 10:54:24 +0000 https://franklins.global-exposure.co.uk/?post_type=avada_faq&p=5768 It depends on the share you buy and how much the full market value is. We’ll advise you on whether SDLT is payable and which option is most cost-effective.

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]]> It depends on the share you buy and how much the full market value is. We’ll advise you on whether SDLT is payable and which option is most cost-effective.

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]]> Can I buy more shares in the future? https://www.franklins-sols.co.uk/insights/faqs/can-i-buy-more-shares-in-the-future/ Mon, 11 Aug 2025 10:54:10 +0000 https://franklins.global-exposure.co.uk/?post_type=avada_faq&p=5766 Yes, this is called staircasing. You can usually do this in stages until you own 100% but the rules and costs vary by provider.

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]]> Yes, this is called staircasing. You can usually do this in stages until you own 100% but the rules and costs vary by provider.

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]]> Do I need a solicitor for a shared ownership property? https://www.franklins-sols.co.uk/insights/faqs/do-i-need-a-solicitor-for-a-shared-ownership-property/ Mon, 11 Aug 2025 10:53:56 +0000 https://franklins.global-exposure.co.uk/?post_type=avada_faq&p=5764 Yes. You’re entering into a legal lease and purchasing part of a property, so it’s essential to have expert legal advice.

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]]> Yes. You’re entering into a legal lease and purchasing part of a property, so it’s essential to have expert legal advice.

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