Homes 4 Sale

What is staircasing

Staircasing is buying further shares in your home

This is the name given to the process where you buy further shares in your property.  Shared ownership leases allow you to staircase in multiples of either 25% or 10% until you own the property outright.  Usually you can purchase all the remaining shares but in some rural areas this may be limited to a maximum of around 80%.

A current valuation has to be carried out on the property before solicitors can be instructed.

Should you require further information on staircasing please contact Trudy Bond in the Home Ownership team on 01803 200300.