Selling your shared ownership home
Selling a shared ownership home is known as a resale and can be done at any time. Depending on the lease, Moat may have up to two months (also known as the nomination period) to find a suitable buyer for the share being sold to help another household into home ownership; an estate agent should not be instructed during this time.
Any potential buyer of the share being sold needs to meet the eligibility criteria for shared ownership. If Moat are unable to find a buyer within the nomination period, the share can be sold through an estate agent and their fees are payable by the shared owner selling their home.
The sales price for a resale is determined by a RICS valuer.
If you are a shared owner with Moat and are considering selling your home, please email us at email@example.com to request a selling pack.
The Resales Team are happy to help with any questions you may have regarding buying or selling a Moat resale home!