Ackroyd Legal

OUR SERVICES

Shared Ownership Solicitors

Ackroyd Legal are experienced in acting for both individuals and Housing Associations who can ensure the correct procedures are followed and advise you on the requirements in shared ownership or equity.

What is shared ownership?

Shared ownerships are schemes that are normally run by either housing associations or social landlords. It essentially means you are purchasing between 25 to 75% of the total value of the property. Once calculated, you then end up paying rent on the remaining share.

Our dedicated property specialists have many years’ combined experience in providing legal advice for landlords, and we are proud to have developed so many successful long-term relationships within our broad and ever-growing client base.

Popular for those wanting to get on the property ladder

Shared ownership is a popular decision for those that are unable to afford the full value of the property and/or pay a full term’s rent. This essentially offers better flexibility dependent on your position. You are then able to buy the remaining share of the property through a process called ‘staircasing’. You will be required to carry out the legal work every time you purchase part of the full remaining share of the property.

Eligibility for Shared Ownership

Generally, you will have to go through a screening process to check that you are eligible to purchase a shared ownership property. If you would like more information on whether this option is right for you, feel free to contact our team.

Residential Conveyancing Services

Whether you are buying your first house or adding to your portfolio, we will guide you through every step…

Selling your home can typically take weeks or even months. Our specialist team…

We offer the full range of remortgaging services and can manage the entire process on…

For a landlord, having the right level of legal advice is essential. Whether you have just purchased your first…

Equity release can help you to release cash from your home. We will guide you through the options and provide…

Whether you are a landlord or a tenant who is unsure whether you have the right to extend your…

We are experienced in acting for both individuals and Housing Associations who can ensure the correct…

The transfer of equity can become complex and it is always best to consult a solicitor especially in the…

For landlords, we offer a no-obligation, fixed-fee quote for services to recover outstanding rent from…

At Ackroyd Legal, we are leading the way through our unrivalled services for…

Our dedicated property licensing specialists are renowned…

Get in touch

Request your free consultation today.