Back to Your Shared Ownership home
Selling your Shared Ownership home
Save £500 when you sell 100%
Up until 30 November 2026, we're offering you £500 if you sell 100% of your home! Follow the link below to read more.
Selling your Shared Ownership home doesn’t have to be complicated. You have two options:
- sell 100% of your home on the open market - you sell your share and Bromford's at the same time in what is known as a back-to-back staircase and sale
- sell just your share to another Shared Ownership buyer - the buyer must be eligible for Shared Ownership
Bromford does not use its nomination period and does not nominate a buyer. You’re free to choose a local estate agent to help market your home and find the right buyer, ensuring the process is as straightforward as possible.
An administration fee of £500 applies when selling your Shared Ownership home. This is made up of an upfront, non-refundable payment of £250, required when you submit your request to sell. The remaining £250 is payable on completion. You can see all our admin charges here. Please note: once we begin processing your sale request, the upfront payment is non‑refundable if you decide not to proceed.
Five steps to selling your home
When you have decided to sell your home, your chosen estate agent will be able to provide you with a market appraisal (sometimes called a market valuation) for your home. This is a free appraisal that lets you know what your home could sell for.
When you complete the 'Intention to sell your home' form in Step Two below, we'll ask you to attach the market appraisal you've received from your estate agent.
Obtaining an Energy Performance Certificate ( EPC )
Before your home can be marketed, you will need to show proof of your EPC certificate. Depending on the age of your home, you can obtain this by simply searching the EPC register online using your postcode. If your EPC has expired, you will need to arrange one. Simply search EPC assessors on the EPC register website.
Selling your home
We are happy for you to choose how to market your home and you can use a local estate agent of your choice.
There is a £250 non-refundable upfront fee payable when you request to sell your home. This covers the initial administration and processing of your resale application. Please note: if you decide not to proceed after we begin processing your sale request, this payment will not be refunded.
Please pay the £250 using the bank details below before completing the below form:
- Bank Account Name: Bromford Housing Association Limited
- Account Name: BHA-Rent Account
- Account Number: 70207144
- Sort Code: 20-97-86
- Name of Bank: Barclays Bank Plc
- Reference to be quoted: EHST/RS/Property number and postcode
When you have made the payment and have a copy of your market appraisal and EPC certificate, please complete the online form here remembering to upload the market appraisal and the EPC certificate.
Once you are happy you have secured an offer from a buyer, you are free to accept the offer for the 100% as you have already had our approval to sell. Your estate agent will then need to confirm the buyer's details to Bromford by supplying a memorandum of sale.
You will need to instruct a solicitor to work on your behalf to progress the sale. We strongly recommend that you instruct a solicitor who has experience of Shared Ownership sales to avoid any delays.
Once the buyer has been approved, and a memorandum of sale (MoS) has been issued, Bromford will:
- prepare the management information pack for your solicitor - this contains common information about the property, including property details, service charges, and details of any management companies
- review and approve the buyer's mortgage offer (where applicable)
- assist with responses to any solicitor enquiries
As Bromford is not acting as the seller in this transaction, we will not appoint our own solicitor (unless a back-to-back staircasing is taking place). Progression of the sale at this point is led by you (the seller), your buyer, and your solicitors.
Your solicitor will advise you of the completion date and you will be expected to vacate the property and hand your keys over to your buyer(s).
Please remember to cancel your Direct Debit with Bromford, to avoid any over payments. It is also a good idea to take meter readings and confirm these to your energy provider to ensure that you receive an accurate final bill.
We will adjust your account to show the new owner of the property. To help them transition into their new home please provide them with all the instructions and booklets for appliances, keys, codes and fobs where possible. A little introduction to their new neighbours may also help them settle in from the day they move in.
A fixed fee will be payable to Bromford when your sale completes and this covers:
- Reviewing lease restrictions like local connection and/or nomination criteria;
- Addressing queries raised by you, your estate agent and your buyer(s);
- Assessing buyer eligibility;
- Advising on additional % share purchase;
- Replying to solicitor's enquiries;
- Approving land registry ownership change;
- Reviewing and signing legal sale documents
What are the advantages of selling 100%?
Selling 100% instead of your share means you can sell your home to a broader range of buyers, as they will not be restricted to the affordability criteria, and you're more likely to achieve a quicker sale.
Commonly known as 'back-to-back staircasing' or 'simultaneous sale', it's important to note that:
- you can use a local estate agent of your choice
- your buyer will not be assessed for Shared Ownership as they will be purchasing outright
- a valid RICS valuation will be required to determine the price of the staircasing element of the transaction
Before you decide to sell 100% of your home
Please make sure you check your lease to confirm that it allows:
- simultaneous staircasing and an ongoing sale
- transfer of the freehold
Although the sale price when selling 100% may be higher or lower than the RICS valuation, the amount Bromford receives for the staircasing element of the transaction will always be based on the RICS valuation of your home, as set out in your lease. This means that:
- if you sell 100% of your home for more than the RICS valuation, you keep all of the uplift
- if you sell for less than the RICS valuation, Bromford will still require the full value of our share based on the RICS valuation, not the sale price
Buying a pre-loved home
Everything you need to know about buying a resale Shared Ownership home through Bromford