The following guide takes you through each stage of the shared ownership sales process from the marketing of a scheme right through to handover of the keys. This will help you to understand what to expect at each stage of the process.
If you are considering buying through the shared ownership scheme then it is recommended that you read through all of our guides, so that you know what to expect throughout the process.
Once you have found a Coastline development or property that you are interested in, you will need to register your interest on Share to Buy, this will notify us of your interest and add you onto our mailing list. Once you have registered your interest, a member of the Sales Team will be in touch with further information about the development/property, if there is still availability. The team will provide two links; one for the online application form and another to get your financial assessment underway. If you are having trouble with the online application process, please contact a member of the Sales Team.
When completing the online application we will ask you to provide your proof of ID and confirm you authorise Coastline Housing to hold and process your personal data for the purposes of your application. If there are local connection requirements for a property that you have applied for, we will also require your proof of local connection. You can demonstrate your local connection in a number of ways, some examples would be; your electoral roll certificates or council tax bills.
The financial assessments are carried out by The Mortgage People (TMP – more information on TMP can be found on our FAQ’s guide). TMP will collect some financial information from you in order to carry out an initial financial assessment. The assessment should provide us with enough data to make a decision on whether or not a home is affordable and sustainable for you.