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.

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

700 verified reviews, rated 5.0

257 reviews on Google and 443 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor
VouchedFor

To get advice to see if I would be able to afford a mortgage, if it was likely to get a mortgage. He was able to reassure me and he gave me confidence in his knowledge in enabling me to get a mortgage on my own. Yes, Nick Spolton made sure everything was in place and he didn’t move forward until this was done. Resulting in being offered a mortgage the day after he submitted all the information. I feel Nick went above and beyond and couldn’t have done enough. Nothing needed to be done better.

Verified client in Lincolnshire
700
Five-star reviews
257
on Google
443
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.