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.
- Call us on 0345 606 1221
- Email us at [email protected].
For more about the process, see Your guide to: Staircasing (Buying more shares in your Shared Ownership home) (PDF, 563KB)