The process of buying more shares in your shared ownership home and increasing your equity is called “staircasing”. Here, you'll find information about how and when to staircase.
What you need to know about staircasing
You can buy more shares any time after you purchase your shared ownership home.
You have three opportunities to buy more shares up to 100%.
You can only buy shares in multiples of 5% and 10%.
You must be able to afford to buy more shares as well as the costs of any legal or additional mortgage fees.
Your rent account must be up to date during the whole process.
Your lease also contains lots of useful information about how to staircase.
How to calculate changes to your rent when staircasing
To calculate how your rent will change if you buy more shares in your home, please use our interim staircasing calculator (Microsoft Excel).
You'll need to know your current share percentage (%) and rent (£).
Information for leaseholders in our apartment blocks who want to staircase
Some residents and buyers in our apartment blocks may experience issues securing mortgages because of changes in building safety advice.
To find out more about the changes, please visit our leaseholders who live in our apartment blocks page.