Selling your shared ownership home

You need to get your home valued by a surveyor who is registered with RICS or FRICS – this is a requirement in your lease.

You can use one of our recommended independent surveyors at discounted rates or choose your own surveyor, as long as they meet our criteria.

View our list of surveyors

Instructing your own surveyor

If you’d prefer, you can use your own surveyor instead of choosing one from our panel.

To make sure the valuation is valid, your surveyor must meet certain requirements and include specific details in their report.

Your surveyor must be:

• independent (not linked to an estate agent, lender or bank, and not related to you)
• registered with RICS or FRICS

Your valuation report must:

• be valid for three months (you’ll need an extension if the process takes longer)
• include at least three comparable sales from the last three to six months*
• confirm that we can rely on its contents
• separate general decoration and maintenance from home improvements**
• provide a value assuming your home has been maintained to a good standard (as required by your lease)

*Surveyors on our panel also have access to our staircasing and resale valuations. If your surveyor is external, we recommend they email us for this information.

**Improvements like new kitchens or bathrooms don’t always add the same value as the cost of the work. Your surveyor will explain how this is reflected in their valuation.

Important: Ask your chosen surveyor to reference ‘LQ-Resales’ when booking.

Once you have your valuation, we’ll need you to send us:

• a copy of your valuation report
• a signed Notice of Intention to Sell form (PDF)
• a copy of your lease (if you have it)

Send us your documents by email

We’ll:

• organise professional photos, a floorplan and an Energy Performance Certificate (EPC)
• create a listing for your property online
• provide 3D virtual walkthroughs – included in your admin fee

You’ll need to give permission for us to pass your details to our marketing partner by signing the Notice of Intention to Sell form (PDF)

We’ll then send you a confirmation of sale document with key information about your home and its value.

You’ll need to check the details and confirm you’re ready to sell.

We’ll also market your home for a set period (usually four to eight weeks), known as the nomination period.

During this time, we’ll try to find a buyer through our shared ownership channels. If we don’t find a buyer in the first two weeks, we’ll also market your home at 100% ownership.

Important: Don’t make an offer on another home until we’ve placed your property on the market. 

Once your home is listed, we’ll share your contact details with interested buyers. You’ll then arrange viewings directly with them at a time that works for you.

If you need to reschedule a viewing, it’s your responsibility to let the buyer know.

You can’t market your home privately or through an estate agent during the nomination period. 

When a buyer wants to move forward, they’ll:

• submit a reservation form to us
• pay a £500 reservation fee (refundable on completion)
• attend a financial interview to check affordability

Once a buyer is approved, we’ll appoint a solicitor to act on our behalf, and you’ll need to appoint your own solicitor.

You can use your own solicitor, or we have a panel of independent conveyancing solicitors who are experts in shared ownership.

View our list of conveyancing solicitors 

Your solicitor will be asked to answer legal questions from the buyer’s solicitor. This is called a pre-sale enquiry pack or LPE1 form.

We’ll prepare this pack and send it electronically. There is a fee for this service and the pack takes around 10 working days, or up to 15 if the request is more complex.

View our list of admin fees

If your home also has an independent managing agent, your solicitor will need to contact them about their fees.