Sell a Share?
  Sell a share of your property.
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  need a home
 Need a Home?
Are you are in the situation where you love your home but cannot afford the full cost? Why not 'sell a share' to someone else and ease your position?
The concept behind co-buying is that you sell a part of your property to another buyer. Essentially your equity within the property will be a percentage, depending on your share of the cost. If you (or you as a couple) sell half the value, your equity, depending on your borrowing, is up to 50%.
So what's the advantage? If you are looking to the future and genuinely concerned with your costs then it's better to think of a strategy early whilst you have time to think. You would need to accept either a co-buyer uses part of the property or collects rental on their share.
There are other things you can do. Get financial assistance and support. Speak with your lender. But don't 'do nothing'.
For many people this is so much better than losing a home and having to start all over again.
Still interested? Read on below.
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 Retire Overseas?
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  Sell a Share
  
This site aims to attract members in exactly your position, looking to sell a share whilst keeping a foot on the housing ladder. Whilst at the moment mortgage costs are some of the lowest for many years, it may not last, but whilst it continues maybe now is the time for you to find a co-buyer.

Members of this site are in various categories and there is one especially for 'Sell a Share'. Once you join you can send a 'contact request' to other members. They will read your profile and if they think there is a way of working together they will accept the request. You can then message each other within the system. Your personal identity is not shown, neither is your email address. You decide if / when you want to meet and continue talking.

IMPORTANT: Remember your home is at risk if you do not keep up with your mortgage payments. Any co-buying agreement is a legal document and must be compiled by a Solicitor. NEVER agree a deal of any type without legal representation. Whilst we check the profile of every member this site cannot be held responsible for actions of other members and it is your / your Solicitors responsibility to ensure that the co-buyer is suitable.
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Membership. - July 2010
We are actively seeking members in all counties of the UK. Bedfordshire, Berkshire, Buckinghamshire, Cambridgeshire, Cheshire, Cornwall, County Durham, Cumbria, Derbyshire, Devon, Dorset, East Riding of Yorkshire, East Sussex, Essex, Gloucestershire, Greater London, Greater Manchester, Hampshire, Herefordshire, Hertfordshire, Kent, Lancashire, Leicestershire, Lincolnshire, Merseyside, Norfolk, North Yorkshire, Northamptonshire, Northumberland, Nottinghamshire, Oxfordshire, Shropshire, Somerset, South Yorkshire, Staffordshire, Suffolk, Surrey, Tyne & Wear, Warwickshire, West Midlands, West Sussex, West Yorkshire, Wiltshire, Worcestershire.
Site membership - July 2010
Based in the UK for UK residents. This website brings together people who want to share the cost of property purchase and / or sell a share in property.
This can be someone who wants to step on to the housing ladder but is unable to afford the full cost yet still wants to take advantage of depressed house prices.
Other members include those retired or planning to retire overseas. Many people do not want to lose a hold on the UK housing market and also need a place to stay when they return. However the expense of keeping an empty property means this can be an ideal opportunity to share with others in the same position.
Perhaps you want to invest in property and collect some rent rather than actually use it as your primary residence. Rather than wait to cover the full cost you could share with someone who is looking for a home, or another investor.

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