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Selling your home
You can sell your shared ownership home at any time. If you own a 100% share of your home, you can sell it on the open market. For example, through an estate agent. If you do not own a 100% share of your home, you must tell your landlord (Housing Association) when you want to sell your home. You must then obtain a valuation from a surveyor who is a registered valuer with the Royal Institution of Chartered Surveyors (RICS). The sale price of your home will be based on this valuation. Either you or your landlord will need to arrange the RICS valuation. Ask your landlord what their policy is. You’ll still need to pay for the valuation.
At Lockwood Chartered Surveyors we will provide you with an independent and accurate assessment of the market value which will be contained within a report that is acceptable to your Housing Association.
What is staircasing?
You can buy more shares in your home after you become a shared owner. This is known as ‘staircasing’. When you buy more shares, you’ll pay less rent to the landlord on the rest of the property. The amount of rent you pay will be based on the share you do not own. If you buy additional shares, you may need a solicitor to update your lease. You can buy shares until you own a 100% share of the property, however it is worth noting that in some cases staircasing restrictions may apply.
You'll need to pay for a valuation by a surveyor who is a registered valuer with the Royal Institution of Chartered Surveyors (RICS). Your landlord will let you know whether they’ll arrange the valuation or you need to arrange it yourself. Your landlord will tell you the price of the share after the valuation.
If you’ve made home improvements which affect the value of your home, the valuation must show 2 amounts:
the current market value - this is the home’s value including any increase because of home improvements.
the unimproved value - this is the home’s value ignoring any home improvements carried out.
If you have your landlord’s written permission to carry out the home improvements, the price of additional shares is based on the unimproved value.
If you did not get your landlord’s written permission, the price of the additional shares is based on the current market value. This price is likely to be higher.
Lockwood Chartered Surveyors are highly experienced in carrying out valuations for this purpose. Below are just a few of the housing associations that we have been involved with. We are trusted for our impartial, consistently high and professional service.
What an excellent high quality company. Such a friendly, helpful and rewarding process. The documentation provided from the survey was so detailed and concise yet structured in an easy to read/understand format. The after service was brilliant with Andrew keeping me updated of the progress of the survey. Andrew was also very helpful when I contacted him regarding a couple of questions. I cannot rate or recommend Lockwood's highly enough. A first class highly professional company.
Excellent service with great communication pre and post survey. The level 2 report I received was very detailed and it allowed me to make an informed decision about the property purchase.
Very thorough and personalised service and excellent value. Lockwood also offers a drone aerial view of the roof which is well worth the extra investment.
Very professional
Very in depth survey
Excellent all round service
We would highly recommend Lockwood Chartered Surveyors. Their secretary Sandrine was very helpful and patient when explaining what the surveys could offer. Andrew completed our survey and was informative, thorough and professional. He also shared the report following the survey in a timely fashion. Thanks again!
Copyright Lockwood Surveyors Ltd 2025. Regulated by RICS | Lockwood Chartered Surveyors is the trading name for Lockwood Surveyors Ltd (Company No. 15564043) | Registered in England: Anglia House, 6 Central Avenue, Norwich, Norfolk, NR7 0HR.
Andrew was a brilliant choice when it came to instructing a surveyor for our property purchase. We chose Andrew from his 5* reviews and great reputation.
On the day of our survey, he called me before he was due to leave the property to ensure there wasn’t anything else specifically we wanted him to check, which to me shows care and attention to detail.
A few days later, we received a thorough report which helped to highlight a few things we never would have known about without Andrew’s help and expertise. His help also continued after the survey by suggesting recommended contractors for repairs which were needed.
Sandrine was also extremely helpful in the organisation of the survey and did everything she promised she would.
We would highly recommend Lockwood Chartered Surveyors.