Buying a Resale Shared Ownership Home
L&Q offer pre-owned shared ownership homes across the UK, also known as a resale home. Resale homes can be anything from traditional houses or flat conversations, to flats in a large development. You have the opportunity to view the property in person before you buy.
Unlike new build homes, where you’d buy an initial share from 25% to 75%, with a resale home you’ll buy either the percentage that the current owner has purchased, or more if you can afford it (up to a maximum of 75%).
All viewings will take place with the current owner who will be able to answer any questions you may have and provide insights about the area (like their favourite restaurant, park or fruit and veg store) and what it’s like to live there.. This is something that you can’t always do when buying a new build home off plan.
Search our resale homes to find the right home for you.