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

DevelopmentDeveloperLocation
Grangemoor Close - Re-saleThree Rivers HADarlington

Durham Area

DevelopmentDeveloperLocation
Berry Edge Road - Resale PropertyISOSConsett
Garden CourtThree Rivers HADurham
Wesley View - Re-Sale PropertyThree Rivers HADurham

Hartlepool Area

DevelopmentDeveloperLocation
73 Warren Road - ResaleHousing HartlepoolHartlepool
Blakelock Road - ResaleHousing HartlepoolHartlepool
Laurel Gardens - ResaleHousing HartlepoolHartlepool

Middlesbrough Area

DevelopmentDeveloperLocation
5 Lucerne Court - ResaleTees Valley HousingMiddlesbrough

Stockton-on-Tees Area

DevelopmentDeveloperLocation
Hidcote Gardens - ResaleTees Valley HousingIngleby Barwick
21 Red Admiral Close - ResaleTees Valley HousingStockton-on-Tees
22 Red Admiral Close - ResaleTees Valley HousingStockton-on-Tees
23 Red Admiral Close - ResaleTees Valley HousingStockton-on-Tees
The Larches - ResaleTees Valley HousingStockton-on-Tees

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