If you are currently a homeowner there are a few things you need to consider before applying to Co-Own for Over 55s.
Becoming `Sale Agreed’
The purchase of your new home depends on the sale of your current home, so you need to be sale agreed on both houses at the same time. Your current home must be sale agreed before we can issue you our Offer letter, but you don’t need to be sale agreed to apply.
Solicitors and fees
When you appoint a solicitor, they will work with you on the sale of your current home, and with you and us on the purchase of your new home. You are responsible for paying all solicitor fees and outlays relating to the sale of your current home.
Our property fee covers your property assessment and most of your solicitor fees for buying your new property. You are responsible for paying all the legal outlays relating to the purchase. To avail of this legal package, you must use a solicitor on our panel. Please talk to us about this if you would like more information.