Shared Ownership Resales

What is a Shared Ownership Resale?

From time to time properties previously sold through the shared ownership scheme come up for sale. You could have the opportunity to purchase one of these properties on a part buy, part rent basis.

How does it work?

Generally with a resale property you would buy the same share as the share the current owner holds. This will be between 25% and 75% and you will pay rent to the registered provider on the part you don’t own. You are likely to need a deposit of between 5% and 20% of the share you are buying.

If and when you can afford to, you can buy more shares in your home and can eventually own it outright, a process known as ‘staircasing’.  You are also able to sell your share if you wish to move in the future. You can find more information about staircasing and selling your shared ownership property on the Current Owners page.

Please click on your local authority area below to view properties which are currently for sale:

The following developments are part of this scheme:

Darlington Area

Development	Developer	Location
Grangemoor Close - Re-sale	Three Rivers HA	Darlington

Durham Area

Development	Developer	Location
Berry Edge Road - Resale Property	ISOS	Consett
Garden Court	Three Rivers HA	Durham
Wesley View - Re-Sale Property	Three Rivers HA	Durham

Hartlepool Area

Development	Developer	Location
73 Warren Road - Resale	Housing Hartlepool	Hartlepool
Blakelock Road - Resale	Housing Hartlepool	Hartlepool
Laurel Gardens - Resale	Housing Hartlepool	Hartlepool

Middlesbrough Area

Development	Developer	Location
5 Lucerne Court - Resale	Tees Valley Housing	Middlesbrough

Stockton-on-Tees Area

Development	Developer	Location
Hidcote Gardens - Resale	Tees Valley Housing	Ingleby Barwick
21 Red Admiral Close - Resale	Tees Valley Housing	Stockton-on-Tees
22 Red Admiral Close - Resale	Tees Valley Housing	Stockton-on-Tees
23 Red Admiral Close - Resale	Tees Valley Housing	Stockton-on-Tees
The Larches - Resale	Tees Valley Housing	Stockton-on-Tees