Hi,

I am in the process of selling my shared ownership property. It is 50%/50%

I have had this problem twice now trying to sell this property.

I've got so far and now i'm stuck.

The mortgage lenders require the council (who own the other half), to re-word / change a clause in the lease.

The council are refusing, which means i now have a house which is unmortgagable. Since i bought the property 2 years ago, a lot of lenders' policies have changed.

i am now stuck with a house which i cannot sell.

I have contacted the Citizens Advice Bureau, who cannot help with this situation and the council are being unreasonable - seems like they don't seem to care.

Legally, i am not allowed to rent the house out either.

Shared Ownership houses are advertised as 'Affordable Housing' and are to help people get on the property ladder. Unfortunately, they are not allowing me to go up that 'ladder' .

Does anyone have any advice on what i can do, i really don't know where i stand now.

Hi --- I am not sure if this would be the right way to go, but surely the council have a duty to the tenants and their electorate who own the other half of the property, to make the sale of these properties as attractive and as reasonably achieveable to other general members of the public as is possible. ??

At the moment it seems that unreasonable restrictions are strangling the free market movement of the properties, this will contravene their own policy somewhere, I am sure..... if not other Government regulations. !

Have you considered complaining to your local councillor who's ward you fall under and represents you or the local M.P., they would have a duty to take up the unfair wording in the council's contracts on your behalf in the interests of the council themselves and voters, sellers and prospective future buyers. !!!

Hi... I do believe that this may have something to do with the council having control of the lease, whereby anyone on their list would have first options on the availability of the house. The usual condition is that when a property is sold the lease is relinquished and a completely new one issued, although this does not restrict the sale of the property it is a point that solicitors always pick up on. It is their duty to find any problems in the lease and inform the lender, and some lenders will require a revised contract. This condition should have been pointed out when you first purchased the property by your solicitor and that may be your first avenue for complaint???