Reselling your home header

Selling your home

If you’re looking to sell your shared ownership home, we’re here to help.

Where do I begin?

If you’ve decided to sell, you’ll need to get your home valued by a RICS qualified surveyor and get an Energy Performance Certificate (EPC).

Whilst we are unable to recommend a particular firm, the following have experience in valuing shared ownership homes:

Wessex Surveyors

RMW Knight Surveyors
Telephone: 01305 230872

Winfields Chartered Surveyors

The next step after this is to complete our property details form. When completing the form you will need to upload photographs of your home. We have put together a handy photo guide for advice on taking perfect shots. You will also need to upload your valuation and EPC.

What’s next?

Once we receive your completed form and relevant documents, we will carry out a few important checks, including:

  • Remaining time on lease
  • Local connection and requirements
  • Staircasing restrictions

We will then create your property brochure, which we will send to you for approval. Once approved, we’ll start marketing your home.

Who arranges viewings?

Interested buyers will contact you directly to arrange a convenient date and time for a viewing.

What happens when I find a buyer?

The buyer should be registered with the local Help to Buy agent and complete a financial assessment with one of our independent financial advisers.

How long will it take?

We’ll take care of marketing your home for up to eight weeks (depending on the terms of your lease).

We will advertise your home on the relevant websites and social media platforms.

If we are unable to find a buyer within this time, we will continue to market your home but you will then also be able to approach an estate agent to provide additional marketing support.

How much will it cost?

Usually around 1% (+VAT) of the share you are selling (as stated in your lease). Contact us if you are unsure.

Contact us

You will find frequently asked questions below. If you have any other questions, we will be more than happy to help.

Frequently asked questions

FAQs and glossary

FAQs and Glossary

We've created this handy guide with everything you need to know about owning a shared ownership home.

See guide
Moving-in checklist

Moving-in checklist

Follow each step in our moving-in checklist and enjoy a smoother move.

See checklist
Affordability calculator

Affordability calculator

Our simple calculator will help you work out the cost of buying your new home.

Try our calculator
Buying more shares

Buying more shares

With Magna, buying more shares in your shared ownership home is easy.

Find out more

Get in touch

We are happy to help.