We can help with all shared ownership conveyancing
Get a bespoke quote from our specialist shared ownership solicitors whether it's for a sale, purchase, staircasing, or transfer of equity.

All our fees are fixed and you'll be covered by our no sale no fee guarantee.

Get a Conveyancing Quote

Two hands hovering over a board with a house and contract displayed. SAM Conveyancing explains shared ownership conveyancing

Shared Ownership Conveyancing Solicitors

Key Takeaways
  • From start to finish, the shared ownership conveyancing process can take around 3-6 months, but this is dependent on individual circumstances.
  • Top Tip: Choose an experienced solicitor who specialises in shared ownership cases. It can make all the difference in ensuring the process goes as smoothly and stress-free as possible.
  • Consider your future needs as well, and whether your chosen solicitor can help you with staircasing, selling, or remortgaging your shared ownership home.

With rising property prices and the increasing cost of living, first-time buyers are finding it difficult to get on the property ladder.

The shared ownership scheme helps bridge the gap between a lack of wage increase and property price rises. People who don’t earn enough to maintain a regular mortgage or struggle to save for a deposit can use this affordable home ownership scheme to buy a shared ownership property, or at least a significant share in a property.

The shared ownership process

Shared ownership offers a way to buy a portion of your home and pay rent on the rest. Before diving in, you’ll need to check your eligibility - usually based on your income, existing home ownership status, and your financial situation.

Once eligible for shared ownership, you might hear the term “staircasing,” which refers to the process of buying additional shares in your home over time.

Some new build shared ownership properties being built. SAM Conveyancing can help you get onto the property ladder with a shared ownership property and get you an experienced shared ownership lawyer.

New build vs resale through shared ownership

New build:

  • Buying process: Typically involves reserving a property off-plan, securing a shared ownership mortgage, and then completing the sale when the build is finished.
  • Style: New-build properties will often come with modern fittings and a warranty on them.
  • Community: Usually part of a new development.
  • Costs: A premium price for its new condition and potentially higher initial service/ground rent charges.


  • Buying process: Negotiation with the current property owner or housing association, like purchasing a traditional home.
  • Style: Often older but could come with unique characteristics.
  • Community: An established, existing neighbourhood.
  • Costs: Generally, a lower price overall than a new build, but could require more maintenance.

Looking to apply for a shared ownership mortgage?

Our expert panel of mortgage brokers will walk you through the application process and deal with any challenges that arise.

Free Consultation* | 100% Impartial Advice | Access to Whole Market

Shared ownership in 10 steps

  • 1Check eligibility: Ensure you meet the criteria for shared ownership.
  • 2Find a property: Choose between new build or resale properties.
  • 3Reserve the property: Pay a reservation fee to hold your chosen property.
  • 4Apply for a mortgage: Secure a mortgage for your share of the property.
  • 5Instruct a solicitor: Choose a solicitor experienced in shared ownership.
  • 8Exchange contracts: Legally commit to buying the property.
  • 9Completion: Pay the remaining balance and complete the purchase.
  • 10Move-in: Collect the keys and move into your new home.

How long does shared ownership take to complete?

The timeline for shared ownership can vary, but here’s a rough guide for each stage:

Application: 1-2 weeks to determine eligibility.

Mortgage approval: 2-4 weeks depending on lender efficiency.

Finding a property: Variable; could take weeks to months based on availability and your preferences.

Exchanging contracts: 4-6 weeks after your solicitor begins drafting.

Completion and moving in: Typically, 1-2 weeks after exchanging contracts.

From start to finish, expect the process to take around 3-6 months, but this can be shorter or longer depending on individual circumstances.

Staircasing: Staircasing a shared ownership property can take 1-3 months, but this is an estimate.

A happy couple moving into their shared ownership property with the help of SAM Conveyancing. Understand stamp duty land tax and shared ownership solicitors fees if you are a first time buyer

Choosing your shared ownership solicitors

Choosing the right solicitor is crucial for a smooth shared ownership journey. An experienced solicitor specialising in shared property ownership can make all the difference, ensuring the process is as swift and stress-free as possible.

What to look for:

  • Specialisation: Make sure they have experience with shared ownership, whether it's for new builds or resales.
  • Efficiency: A good solicitor will help move the process along quickly, avoiding unnecessary delays.
  • Future needs: Consider if they can assist with future staircasing, selling, or remortgaging your property.

An expert solicitor will guide you through every step, ensuring all legal aspects are covered and that you’re well-informed throughout the process.

Shared ownership conveyancing

Memorandum of sale

Once your offer is accepted, the housing provider issues a memorandum of sale. This document outlines the terms of the sale and includes details like the agreed price and the names of both parties.

A couple signing a contract for their shared ownership property from their housing provider. SAM Conveyancing will help you get the correct shared ownership solicitors who will handle the land registry fees, pay stamp duty, and conveyancing fees.

Draft and exchange of contracts

Your solicitor will draft the initial contract and send it to the seller’s solicitor. They will review and negotiate terms until both parties are satisfied. Once the contract is agreed upon, it’s time to exchange contracts.

At this point in the property transaction, the sale becomes legally binding, and you’ll need to pay a deposit (usually 5-10%).

Completion date

After contracts are exchanged, a completion date is set. This is when the remaining funds are transferred, and you legally become the owner of your new home. Your solicitor will coordinate with your mortgage broker to ensure funds are in place.

Mortgage lender

Your solicitor liaises with your mortgage lender to confirm that the mortgage is ready to be released upon completion. They ensure all conditions set by the lender are met.

Key collection

Finally, on the completion date, you’ll receive the keys to your new home. Your solicitor will handle the final paperwork, making sure everything is registered correctly with the Land Registry.

We offer shared ownership solicitors for purchase, staircasing, and sale

We specialise in shared ownership and offer every service needed, including solicitors for sale, purchase, and staircasing. All our fees are fixed, and you're protected by our no-sale no-fee guarantee.

Sale and purchase fees from £823 INC VAT.

Staircasing fees from £569 INC VAT.

Frequently Asked Questions