Want to sell your home?
When you want to sell your Help to Buy property, the selling process will vary depending on which scheme you purchased through.
If you purchased your home through the Equity Loan scheme, you can sell your property on the open market and use the proceeds to repay your outstanding loan amount.
Before you put your home on the market, you will need to contact the National Post Sales Agency on 0345 848 0235 and arrange for an independent valuation of the property.
For further information on selling an Equity Loan property, we recommend that you read the full Help to Buy – Buyers Guide, produced by the government’s Homes and Communities Agency.
Help to Buy Equity Loan Buyers Guide
If you purchased your home through a Shared Ownership scheme, you will need to contact the Housing Association or Registered Provider that dealt with the original purchase, and they will talk you through the Re-Sale process.
The Housing Association or Registered Provider will have an existing waiting list of people specifically looking for re-sale properties, and will have a short period to find a buyer for you from this list. This is known as the ‘Nomination Period’ and the period can vary.
If no buyer is found by the end of the Nomination Period, you will then be free to sell your home on the open market in the usual way, at a value agreed with the Housing Association or Registered Provider.
The proceeds will be split according to the shares you and the Housing Association or Registered Provider own.