Frequently asked questions
Will homeowners in shared-equity schemes be required to obtain separate Packs for their share of a property when it is sold?
A person selling a shared equity or shared ownership property on the open market to the public or a section of the public will need to provide a complete Pack like any other seller.
Will Packs be required for shared-ownership sales being offered by Registered Social Landlords?
If the shared ownership is being marketed to the public or a section of the public, then yes. If the shared ownership is being offered to a person on a waiting list, and there is no marketing to the public (or a section of the public), then no Pack will be required.
What about key-worker and other low-cost housing schemes?
Sales by people who have purchased their homes under these schemes will not be exempted from the requirement to obtain a Pack. An exception is where the terms of the scheme entitles the Registered Social Landlord to nominate a subsequent purchaser from their waiting list. As there would be no marketing in such cases, a Pack would not be required.
Will low-cost housing in 'Pathfinder' areas be exempt from the Pack duties?
No - all homes being marketed for sale need a Pack. It is important that all sellers and buyers have reliable information about the properties they are considering up-front, particularly as this reduces significantly the risk of delays, transaction failure and the associated wasted costs.
Which local authorities need a Pack?
Sales to sitting tenants under right-to-buy and similar schemes will not require a Pack, as there is no marketing involved. Sales of homes on the open market could need a Pack unless any of the exceptions from the duties apply.
