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Subletting and shared ownership

This content applies to England & Wales

Shared ownership properties may only be sublet in certain circumstances with the approval of the landlord and mortgage company.

Subletting the whole of the property is prohibited for shared ownership properties, although the landlord may consider a request to sublet in certain circumstances. These include:

  • the reason the shared owner needs to sublet is unavoidable and is not for speculation or gain
  • the sub-lessee meets the criteria for shared ownership
  • the shared owner is subletting the property on a fixed-term agreement.

The shared owner will also need the consent of the mortgage company before subletting the whole of the property.

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