Shared ownership is becoming a popular method for purchasing property with ever increasing house prices. With shared ownership you own a percentage of the house, with the original developer or housing association retaining the remaining share on which you pay rent. Using an experienced legal team is crucial as the process and restrictions on your ownership and future resale of your share are more complex than a standard purchase and at Lilac Law, we ensure that the documentation has been correctly drafted and that you have an option to purchase the remaining shares in the future.

We will effectively provide advice in respect of shared ownership staircasing provisions in the Lease.