Most frequently asked Questions?

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Can I buy further shares?

It is possible to buy further shares over time and eventually own the property outright. This is called Staircasing. The cost for further shares is based on the market value of the property at the time you decided to staircase. If you decide that you would like to buy a further share in your property, your home will be valued by an independent surveyor who is registered with the Royal Institution of Chartered Surveyors (RICS). You will be required to pay for this valuation. The minimum percentage you can normally staircase by is 10% and in 5% multiples thereafter.

If you decide to proceed with buying a further share it will be at a price based on the current valuation. The rent you pay will be reduced proportionately to zero in the event you staircase to 100% ownership.

Please check with your Shared Equity Scheme to see if this is the case.