Information for homeowners considering remortgaging, selling or staircasing - June 2020
In recent months, mortgage lenders and valuers have asked people who apply for mortgages in certain properties to provide independent certification that the property meets the requirements of the government’s building safety guidance. Until this certification (provided via an EWS1 Form) can be provided, some lenders have decided not to provide mortgages, which is therefore impacting some residents’ ability to remortgage, sell or staircase.
Looking to buy more shares?
Once you’ve settled into your SO Resi home, you might want to buy more shares and own more of it.This is also known as staircasing.It’s up to you to decide when the time is right. So when you're ready, we make it easy for you to buy a bigger share of your home at a time that suits you.If you’d like to own more of your SO Resi home, get in touch with our Aftersales team.They'll talk you through how to take the next step.
Time to sell?
If you've decided its time to sell your SO Resi home,get in touch and let our Resales team know you'd like to sell your home.We understand that there’s a lot to think about when you’re selling your home. Don't worry, we’re here to help with throughout the process.Our dedicated Resales team will help you sell your SO Resi home as quickly and smoothly as possible. Due to an unprecedented level of demand our service times are delayed and it is currently taking us 72 hrs to get properties on the market.
Repaying your equity loan
Existing homeowners who currently have an equity loan with Metropolitan Thames Valley Housing (formerly Thames Valley Housing), can find information about how to repay their loan here: Thames Valley Housing and Metropolitan Housing Trust. Alternatively, you can just give us a call on 020 8607 0550 for help with repaying your equity loan.