Shared ownership properties
Shared ownership means you own a share in your house and we own the remainder.
This is not something we offer at the moment, however, shared ownership means you own a share in your house and we own the remainder. There are some very important differences between you as a sharing owner, and our other tenants. Your rights and responsibilities are much more similar to those of outright house owners than to people renting their homes.
The rights and responsibilities of both yourself and ourselves are contained in the Occupancy Agreement you signed when you bought the share in your home.
One of the most important responsibilities you have is to organise and pay for your own repairs. In recognition of this, the rent for your property is lower than would be the case if we were organising and paying for repairs on your behalf.
We realise that the legal documents that you have to sign to become a sharing owner, are lengthy and full of legal jargon. We hope the handbook helps to clearly explain your rights and responsibilities. We will always try to explain and guide you on the handbook’s contents.
This is not something we offer at the moment but will update this page if that changes.
You can contact us by telephone, 03000 200 217 or in writing,
The Weaving Shed
or you can call in at our headquarters in Selkirk (the address above) or request a home visit.