Buying your home step by step

1. Choose

Choose your new home from our wide selection of shared ownership properties and locations.

2. Advice

Talk to an independent financial adviser about a shared ownership mortgage for a percentage share of the property you would like to buy.

We can put you in touch with an independant mortgage advisor who specialise in Shared Ownership sales so you can be confident that you’ll get expert advice during the buying process.

3. Application

Complete an application at: www.yarlingtonhomes.co.uk

We will advise you if you need to submit an application to a HomeBuy agent for your chosebn area.

4. Finances

Submit your financial documentation as detailed in our ‘application process list’. We will use your information to assess your application and then destroy it as confidential waste. For these reasons only send us copies of your documents.

5. Assessment

Our Sales Advisors assess whether you are eligible to buy a Shared Ownership home and if you can afford it in the short and in the long term.

If successful, an offer will be made.

6. Reservation

Pay a £500 reservation fee on your chosen property. This fee is non-refundable should you change your mind and not proceed with the purchase.

7. Solicitor

Appoint a solicitor to act on your behalf.

You can use a solicitor of your choosing or we can put you in touch with one of our recommended solicitors to help you purchase your new home.

8. Mortgage

Apply for your mortgage formally.

9. Exchange

‘Exchange’ of contracts.

10. Complete

‘Completion’ and transfer of funds.

11. Handover

Meet us at the property for final handover and to collect your keys.