Shared Ownership FAQ

Can I be kicked out of a shared ownership house?

Shared ownership gives you legal rights as the leaseholder, so you cannot simply be removed from the property without cause.

However, serious mortgage arrears, rent arrears or breaches of lease terms could lead to legal action or repossession, in the same way as other mortgaged properties.

It is worth knowing all the facts and potential downsides to shared ownership, as well as what salary you need to get a shared ownership mortgage.

Your home/property may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.

For the full picture, read our guide to is shared ownership worth it.

Still weighing it up?

Every situation is different. Have a free, no-obligation chat and we will give you a straight answer for your circumstances.

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What clients say

707 verified reviews, rated 5.0

260 reviews on Google and 447 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor
VouchedFor

We used Nick to buy our first home and then again when we were ready to move again. This is the second time we’ve used Nick and his team and we had no hesitation in contacting him again to help us when we sold our property to buy a new one. His expertise and advice are second to none and he goes beyond the extra mile to get the best outcome for us. We really couldn’t have done either move without him! Absolutely! Nothing, he was perfect.

Verified client in Lincolnshire
707
Five-star reviews
260
on Google
447
on VouchedFor
5.0★
Average rating

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Your home/property may be repossessed if you do not keep up repayments on your mortgage.