Staircasing - buying more shares

StepTWO Staircasing

Find out more about increasing your share in your home at a StepTWO Roadshow event. You can find out more about the StepTwo scheme here.

Contact StepTWO to book your place
0844 406 9000
StepTWO@lqgroup.org.uk

What is staircasing?

Staircasing is the term that we use for customers who buy some or all of the remaining shares in their home.

Our process involves having the property valued by an independent surveyor to work out the current value. Please download the staircasing valuation request form.

Then we'll quote you a price for the share you want to buy. Normally the minimum percentage you can buy is 10% and anything up to the percentage that L&Q owns to take you to 100% ownership.

Please make sure you've organised a solicitor to act for you in dealing with all the legal work required.

If you are an equity loans customer, there are administration charges (122 KB) for dealing with your application.

We make a charge to cover the cost of providing a service to you. Our shared ownership customers pay a fee included in their monthly service charges to cover the cost of L&Q providing this service.

Find out more about buying the rest of the share in your home. (150 KB)

Please download the leaflet, financial consultants (39 KB), if you would like to contact an independent mortgage consultant.

If you wish to discuss any part of the staircasing process, please contact L&Q Direct.