What is a resale?

A resale is a shared ownership home that the current owner bought as a new build or from an existing shared owner and now wishes to sell on. They vary greatly in terms of age, size, type and location. It's still the same shared ownership government-backed product but you normally purchase at least the share that the seller currently owns.

The length of the lease on a resale is based on the number of years left on the original lease. This will differ vastly across resale homes depending on the original length of the lease when the home was first sold. The lease length on a new shared ownership home has recently been increased to 990 years and then decreases year on year. A shared ownership lease can be extended and is a legal document that sets out owner's rights and responsibilities.

Resales are second hand homes and are therefore sold as seen. We recommend that buyers satisfy themselves that appliances and services are in good working order; this is no different to buying and owning a home on the private market.

A 5% - 10% mortgage lender deposit is required for the share value being purchased and a subsidised rent is payable on the unowned share. Shared owners with Moat can sell their share to a new buyer through our resales team whenever they want. Further shares can be purchased at any time; this is known as "staircasing."

Latest resale properties


Sycamore Rise

Horsham, West Sussex RH13 0AU

£1,350 estimated monthly cost

2 bedrooms

1 bathroom

Shares from 35%

Full market value from £340,000


Petrel Close

Herne Bay, Kent, CT6 6NT

£1,150 estimated monthly cost

2 bedrooms

1 bathroom

Shares from 50%

Full market value from £265,000


Townsend Road

Snodland, Kent ME6 5RH

£1,517 estimated monthly cost

3 bedrooms

1 bathroom

Shares from 40%

Full market value from £425,000

Moat logo
Homes England logo
Mayor Of London logo