Myth Busters: “You Can’t Sell a Shared Ownership Home”
Breaking the Selling Myth
One of the most common misconceptions about Shared Ownership is that once you buy, you’re “stuck” — that selling your home isn’t an option. It’s easy to see how this belief spreads, especially when Shared Ownership is often surrounded by confusion and outdated advice.
But here’s the truth: you absolutely can sell your Shared Ownership home — and it’s often simpler than you think.
At Love Living Homes, we’ve created a detailed Resale Guide that walks you through every step of selling your shared ownership property. Below is a quick overview to help you understand how the process works and why selling your shared ownership home could be more flexible — and profitable — than you might expect.
The Facts: You Can Sell a Shared Ownership Home
In the 2022 financial year alone, 16,861 Shared Ownership homes were sold in England — a 36% increase from the previous year, according to GOV.UK housing data. That’s proof that Shared Ownership homes are not only sellable, but in demand.
Your lease outlines how you can sell your home, usually beginning with what’s called a nomination period. During this time (typically 4 or 8 weeks), Love Living Homes has the chance to help you find a buyer — ensuring your home stays within the affordable housing market.
How Selling Works: Step by Step
Here’s a simplified look at the process:
- Get a valuation from an independent RICS surveyor to establish your home’s market value.
- Let us know you want to sell — we’ll guide you from the start.
- Marketing begins — we’ll list your property on Share to Buy, the UK’s leading affordable housing portal, and promote it through our own Love Living Homes channels.
- Nomination period — if no buyer is found during this time, you can list on the open market with an estate agent of your choice.
You can read more about each stage in our step-by-step guide.
How Much Does the Buyer Need to Purchase?
A new buyer must purchase at least the same share that you currently own and also forllow the same eligibility requirements for shared ownership/ the property. While that might sound restrictive, demand for Shared Ownership homes remains high, especially among first-time buyers and growing families looking for affordable routes onto the property ladder.
If a buyer for your share isn’t found during your nomination period, you’ll be free to list your home on the open market — broadening your audience even further.
Selling Your Share: Your Options
When selling, you have flexibility:
- Sell your current share — the most common and straightforward route.
- Staircase before selling — increase your share (even up to 100%) to appeal to more buyers or to maximise your return.
However, keep in mind that selling higher shares can sometimes narrow your buyer pool, as Shared Ownership is designed for affordability. We can help you weigh up what’s best for your situation.
Common Questions About Selling
Will I make a profit?
If your property’s value has increased, you’ll receive the corresponding share of that profit. Of course, this depends on factors such as market conditions, how long you’ve owned your home, and its current condition. Your sale price will be determined by a RICS valuation, ensuring fairness and accuracy.
Is it harder to sell?
Shared Ownership homes are consistently popular — particularly with younger buyers priced out of full ownership. If you haven’t found a buyer after your nomination period, you can list through an estate agent just like any other homeowner.
For tips on preparing your home for viewings and boosting its appeal, check out our guide to selling success.
The Bottom Line
Selling your Shared Ownership home is completely possible — and often straightforward with the right support. Whether your life circumstances have changed or you’re ready to take your next step up the property ladder, Love Living Homes is here to guide you through every stage of the journey.
👉 Explore our full resale guide to learn more about valuations, marketing, and completing your sale.
Or, if you’re ready to start the process, get in touch with our team today.