Friday 1 August

Stonebridge, Kender, The Wing and Packington Estates: Metering & billing provider Switch2 will be carrying out maintenance work over the weekend. If you have a pre-payment meter, please try to top it up by 6pm today to ensure you have enough credit until Monday. 

Staircasing

If you're a shared owner, you are entitled to increase your equity share in your home by purchasing additional shares. This process is called staircasing, and it’s a great way to build towards owning your own home outright:

  • Staircasing is the process where you can increase your share of your home with Hyde, over a period of time
  • The price you pay for additional shares is based on the current market value of your home
  • You can staircase in separate stages or in one stage to 100% (dependent on your lease)
  • The minimum share you can buy is 10% of the unsold equity. For certain new leases, from 2025 you’ll be able to buy 1% equity in your home on a yearly basis.

If you own a greater share of your home, you’ll pay a lower rent and you could benefit in the future from any increase in house prices.

Want to find out more?

Our expert staircasing team is available to contact five days a week, Monday to Friday, from 9am to 5pm.

For more about the process, see Your guide to: Staircasing (Buying more shares in your Shared Ownership home) (PDF, 563KB)

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