Staircasing

Staircasing is when an owner of shared ownership property buys additional shares in the property from the housing association.

With most housing associations, shares are divided into blocks of 10% - this being the minimum percentage that a housing association tenant can buy at any one time. Once you own 100% of the shares you will no longer be required to pay rent to the housing association.

Chris Salmon, Director

Author:
Chris Salmon, Director