A Practical Guide to Shared Ownership

The need to provide affordable housing is increasing and with that the market for shared ownership properties is also growing. Shared ownership makes it easier for buyers to get on the housing ladder, with lower deposits needing to be paid, and can also help older people with certain schemes being solely aimed at those over 55.



This book is intended for those conveyancers acting in respect of the purchase, re-mortgage and sale of shared ownership properties, together with those dealing with any staircasing transactions. The book contains guidance as to what you should be looking at in the lease together with various other considerations that should be kept in mind when dealing with shared ownership properties.



ABOUT THE AUTHOR



Sarah Sams is a partner at Dutton Gregory solicitors. She is a shared ownership specialist with an in-depth knowledge of this area of law. With over 20 years experience in residential conveyancing, she has worked with some of the largest social housing providers in the UK, including advising the providers themselves, as well as acting for the leaseholders and buyers.



CONTENTS



Chapter One - Introduction

Chapter Two - A Brief History of Shared Ownership

Chapter Three - The Difference Between Shared Ownership and Shared Equity

Chapter Four - Past and Present Types of Shared Ownership Lease

Chapter Five - Model Shared Ownership Leases

Chapter Six - Capital Funding Guide

Chapter Seven - Stamp Duty Land Tax and Shared Ownership Leases

Chapter Eight - The Right to Shared Ownership

Chapter Nine - Miscellaneous Useful Information

Chapter Ten - Conclusion