What happens when I want to sell my Partial Ownership property?
What happens when I want to sell my Partial Ownership property?
All properties are sold back to the AHA so that they can be offered to somebody else on the partial ownership waiting list. The price will be at market value, as at the date of the valuation, confirmed by an independent valuer.
If for example you own 80% of the property, you will receive 80% of the total sale price, whether this has increased or decreased in value. You will need to give the AHA 3 months’ notice if you wish to sell your property.