We understand there are occasions when you may need to move away for a short period for work, or to look after relatives; however as a shared owner you do not have an automatic right to sublet your home without our permission.
If you would like to sublet your home in one of the above instances for example or another good reason, we may allow you to sublet for a short time. Other reasons may include you cannot sell the home because it is worth less than the money you borrowed to buy it, you have medical needs, or care for a sick relative and subletting will help your situation. You may also be in temporary employment which is too far from your home to travel to.
We only give permission to sublet in exceptional circumstances. You will also need permission and approval from your mortgage lender.
Please contact us to discuss your situation. If you proceed with subletting your home without our permission you are in breach of your lease agreement and could lose your home.