Shared Ownership Valuation
As part of your contract you need to instruct a RICS valuation to determine the value of the share you own in your shared ownership property. You will be required to pay a fee for the shared ownership valuation which will be agreed before proceeding. Housetrade have partnered up with a panel of specialist shared ownership surveyors giving you the choice and ensuring you benefit from the most suitable and cost effective offering available see the list Shared Ownership Valuations or fill out an enquiry.
Once instructed the surveyor will arrange to visit your home to carry out the survey to determine the valuation that sets the sale price for your home. Your housing association will then work out the value of your share from this valuation, you are still not committed to the sale of your shared ownership home even when you have instructed the valuation.
Your housing association will explain each step of the process to you and arrange for suitable photographs to be taken for the marketing your home. You will need to ensure your shared ownership property is tidy and in a state for viewings to ensure you have the best chance of selling your home.
See our guide for staging your shared ownership home here. Once your housing association has received your valuation report from the surveyor they will provide a contract for you to sign agreeing the fee and details of how your home will be sold.