At Forbes, we have expert shared ownership solicitors to advise you through the process of buying a shared ownership property.
We are still available and booking appointments over telephone and video conference
The expert residential conveyancing solicitors at Forbes are the first choice for those needing professional and friendly advice when looking to get involved with any shared ownership or shared equity scheme.
We can offer expert advice to all of our clients on a fixed fee basis, saving you money and time whilst making sure you get on the property ladder as quickly as possible.
While maintaining very competitive fixed fee rates we completely tailor our services to your case, explaining every detail and making you aware of any legal and financial implications a shared ownership agreement comes with.
A shared ownership scheme is when buyers purchase a share of a property, usually from a housing association (HA) or registered social landlord (RSL) predominantly after securing a mortgage and means a buyer shares the ownership with the HA or RSL.
As most schemes will allow a buyer to pay more on the property as their circumstances change, often this will lead people to eventually request to purchase the remainder of the share down the line.
As certain lenders have specific requirements that must be met before they will lend money to a buyer on these schemes, there are a myriad of complicated terms and conditions that are attached, as such, it's vital you have an experienced team of conveyancing and shared ownership solicitors deal with your scheme.
Forbes is that team.
With many years of experience in handling shared ownership schemes, Forbes can offer the best advice whether you are looking to start a shared ownership scheme or are already taking part and wish to increase your share in the property.
We aim to take all of the stress and anxiety out of buying a home, including anything to do with shared ownership schemes, making sure you are kept up to date through every stage of your case and that everything is explained in plain English so there are no surprises further down the line.