Shared Ownership Staircasing

What is 'Staircasing'? 

Staircasing is the process of purchasing additional shares in your shared ownership property. Through purchasing additional shares and increasing your equity in the property, your monthly rental amount will decrease.

Most shared ownership leases will allow you to staircase up to 100% you can then apply to obtain the freehold. 

Certain leases will allow you to gradually staircase by 1% for the first 15 years after becoming a shared owner. The price of a 1% share will be based off the initial market value of your home increased/decreased in line with HPI (Housing Price Index).