Shared Ownership Valuation

Keeping your home ownership plan on track

When do you need a Shared Ownership valuation?

If you bought your home through a shared ownership scheme, it is a legal requirement to have a valuation carried out by a RICS-qualified valuer in the following circumstances:

  • When increasing your ownership share, a process referred to as staircasing.
  • When selling your property.

Our expertise:

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Before getting your valuation…

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Check the requirements

Each housing association may have their own requirements to be met for the valuation, and it’s important that you understand what these are before you instruct a valuation to help prevent any delays in the process.

Visit the UK Gov website to review your housing association’s requirements ahead of time.

Make note of property improvements

Many housing associations also permit valuations to exclude the impact of significant improvements made by the homeowner. This ensures that any added value from upgrades is not included in the staircasing or redemption calculation, allowing you – not the housing association – to benefit from the increased market value.

Keep note of any improvements that you have made to the property, and any supporting documents, so you can make the valuer aware of these ahead of the valuation.

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Shared Ownership schemes explained

Shared Ownership schemes explained

Shared Ownership is a government-backed scheme designed to help aspiring homeowners get on the property ladder. It allows eligible buyers to purchase a share of a new-build or resale home – typically between 10% and 75% – while paying reduced rent on the remaining portion.

Available across England, Shared Ownership offers a more affordable path to homeownership. By starting with a smaller share, buyers can take their first step toward owning a home without the full upfront cost.

To qualify, buyers must meet certain eligibility criteria, such as household income limits. However, depending on where you are looking to buy, the eligibility criteria may vary. For instance, some properties may be reserved for individuals with an existing local connection to the area.

You can check your local council’s eligibility requirements for shared ownership here by visiting the UK Government website.

Shared Ownership schemes explained