If you are the owner of a 'discounted market sale' property and would like to buy or sell the property, information and a link to the application form is below.
The first step is to complete the shared equity form below indicating if you would like to buy or sell the the property.
Apply to buy or sell your discount market sale property
Please complete the application form above and attach a copy of your deed of restriction.
If you have any questions, please email handfhomebuy@lbhf.gov.uk
Once we receive your form, we will contact you to discuss the next steps.
The valuation report must include:
- the date the valuation took place
- that the surveyor is aware the property is a council shared equity unit
- confirmation that the report is valid for a minimum period of three months
- a clause that "Hammersmith & Fulham Council can reply upon the contents of the report"
- comparable evidence, including the square footage of the properties, sale price and date of sale.
We strongly recommend you get independent legal advice before completing your application.
Buying the remaining share
Please note that sale of the council's interest in the Council Shared Equity homes is at its absolute discretion.
Once we've received the valuation report, we'll review the valuation and, if accepted, we'll confirm this via email.
If you would like to proceed, we'll ask our legal team to contact your chosen solicitors.
You will have three months from the point of our offer letter to complete your purchase. After this date, we'll need a new valuation.
Selling your share
Once we've received the valuation report, we'll review the valuation and, if accepted, we'll confirm this via email.
If you would like to proceed, we'll prepare an advert and market the property to our nominated buyers for an initial period of two weeks. This will be the time for any interested applicants to express their interest and arrange viewings.
We'll then ask you to send a list of all applicants that viewed the property. We will then shortlist and allocate your home to a potential buyer from the council's nominations list.
The successful applicant will have 48 hours to accept or decline the offer, then up to a further two weeks to provide us with all the documents and information we require.
The process will then be dealt with by solicitors acting for each party, through to completion, which must take place within three months of the offer letter being issued, or a new valuation may be needed.
If we are unable to find you a buyer within the initial two weeks, we will repeat the process up until the end of eight weeks. If we are still unable to find you a buyer within this time, you will be able to sell on the open market.
Our fees
These charges are estimates only and may be subject to change.
- Home Buy administrative fee is currently £250 (no VAT)
- Home Buy sales and marketing fee, if we successfully find a buyer who completes the purchase of the property £750 (no VAT)
- Council's legal fees of £72 per hour (no VAT)
- Developer's solicitor's fees TBC plus VAT