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Reselling your affordable home

Affordable homeowners sometimes sell their 'Discounted for Sale' or 'Shared Ownership' property.

If you wish to sell your home, you must notify the Housing Registrations Team (as the Registered Provider who manages or owns part of the property).

Selling Discounted for Sale properties

Discounted for Sale properties must be:

  • sold at the same discount percentage at which they were bought
  • sold to someone who is unable to afford a home on the open market

Sellers will receive a proportion of the rise, or fall, in value based on the original discount percentage.

We strongly advise that you seek legal advice about marketing discount sale properties to ensure that you follow the correct process.

Selling Shared Ownership properties

If Shared Ownership properties are sold on, the proceeds are split according to the percentage you own. For example, if you own 25% of the property and that percentage is worth more than you paid, you will benefit from the increase minus any cost involved in the sale.

Contact our Shared Ownership Programme Officer for more information about Shared Ownership.

Also see

Housing Registrations Team

West Offices, Station Rise, York, YO1 6GA

Telephone: 01904 554044

Shared Ownership Programme Officer

West Offices, Station Rise, York, YO1 6GA

Telephone: 01904 552621