Shared Ownership Staircasing Guide

Buying more shares in your Shared Ownership home (Staircasing)


Usually once you have lived in your home for a certain period of time as the shared owner (depending on the terms of your lease), you can buy further shares in your property. This process is known as staircasing, enabling you to own a greater proportion of your home. If you bought a resale property you can buy further shares too (depending on the terms of your lease).

The greater the share you buy in your home the less rent you will pay to your Housing Association. If you staircase to 100% you become an outright owner, and you will no longer need to pay rent.

You may acquire additional shares in your property at a price equal to the relevant proportion of the current full open market value of the property. For example: if your property is valued at £200,000 and you want to buy an additional 25% share, the purchase price of the extra share would be 25% of the valuation, which is £50,000.

There are no restrictions in the majority of cases however we would recommend in the first instance that you refer to your lease. This may require assistance from your legal representative.

Interested in buying more shares? Try our Staircasing Calculator

If you already own a Shared Ownership home and want to buy more shares – possibly right up to 100% outright ownership – we can help. Our Staircasing Calculator can help you work out if you have enough equity in your property to get a mortgage to buy more shares. It’s quick and easy to use – why not give it a go here.

Can Share to Buy help me buy more shares?

Yes, Share to Buy has a great deal of experience in helping existing owners to staircase. Share to Buy has an online calculator so that you can see what share you may be able to purchase based on your equity and any savings. It will also work out what the mortgage repayments and revised rent payments are likely to be.