Homes 4 Sale
Selling your share - re-sale
Selling the share in your property is refered to as a "re-sale".
If you decide to sell your share of the property please contact the Home Ownership Services team in the first instance.
It will first be necessary under the terms of your lease to obtain a valuation of the property which you will be requested to pay for. Westcountry offers the facility to arrange the valuation for you with Wilkinson Grant and Co, the cost of this valuation is currently £120.00 plus VAT (£129.25 including VAT but could be subject to change if VAT rates alter).
Legislation currently requires that you provide a valid Energy Performance Certificate (EPC) as well.
Your lease will set out details of the process, however, in order to assist you Westcountry works with the HomeBuy agent for this area, South West Homes, and local authorities in order to nominate a prospective purchaser to you within the nomination time period stated in your lease.
After this period has elapsed, owners have the option to instruct estate agents and bear the cost of this to sell their share. We will still need to assess any potential buyers before they can go on to purchase.
Guildlines for resale