Find a home Find a home

If you wish to sell your shared ownership property, this step-by-step guide will help you throughout the process.

Notify Arches and preparing your property for sale

The first thing you must do is to contact Arches to notify us in writing of your intent to sell your share of the property. 

We will ask you to commission a RICS valuation of your property, and Arches can put you in contact with a trusted RICS surveyor local to your home. This determines the fair sale value on the property, and the current market value of the share Arches owns.

We then have 14 days to find a suitable buyer, which is called a nomination period.

Contact an estate agent

If we cannot find a suitable buyer within the nomination period, you will be advised to market your share of the property as per the established Open Market Value following the RICS valuation. Arches would pass over any enquiries we received about the property to the estate agency, so please ensure you share a contact telephone number for Arches with the agency.

The sale

When a potential purchaser has been found, we ask them to complete a Low Cost Home Ownership (LCHO) application form provided by Arches. We then internally assess the potential purchaser to ensure they’re eligible for shared ownership, and if they are approved for purchase then we send the vendor and buyer an approval letter.

Legal representation

All parties have legal representation throughout the process, with the vendor and the buyer's solicitors instructing the conveyancing and Arches' legal representation completing the assignment of the lease as completion approaches. We would recommend you use solicitors who have the relevant experience and understand how the shared ownership sales process works.


Arches charges an administration fee of £250 for resales which are divided between the leaseholder and the vendor. 

You can use this link to return to the Find a Home section.