Recent changes to the Government's affordable home ownership schemes eligibility criteria mean that households earning less than £80,000 (or £90,00 in London) now have the opportunity to become homeowners.
Partner & Head of Shared Ownership
Licensed Conveyancer - Head of Greater London Shared Ownership
Shared Ownership Becoming More Popular
According to the Office for National Statistics, the average price of a starter home now costs £140,000. As a result Shared Ownership properties are increasingly being seen as an essential first step onto the housing ladder.
Analysis of the latest data from the Housing and Communities Agency shows that in 2016 sales of Low-Cost Homeownership (LCHO) properties in England and Wales rose by 26% and by 36% in London and The South East.
Dedicated and Expert Shared Ownership Solicitors
Buying a home is one of the most important purchases you will ever make and choosing the right Solicitor to help you is critical.
At MW Solicitors we understand that the process of buying a home on a shared ownership or affordable ownership scheme is often much more complicated.
Our dedicated team of shared ownership experts is ready and waiting to guide you through the Shared Ownership Buying Process. They can help with every aspect of Affordable Home Ownership including:
- Shared ownership New Build and Resale purchases
- Resale sales
- Staircasing - the process of buying the remaining shares in your home
- Reverse staircasing - the process of reducing your share of ownership in your home
We Can Help
Our Shared Ownership Department specialises in this sector of the property market. We can help you to realise your dream of owning your own home.