If you are trying to get onto the housing ladder, we may be able to help. We provide good quality, affordable homes to rent, and homes to buy.

Staircasing - buying more shares

You have the right to buy more shares (increase your equity) in your home. This is called staircasing. The amount that you can purchase is dependent on the terms within your lease. This is usually in multiples of 25%, but with newer leases (from April 2006) you may be able to purchase as litte as 10%. If you wish, you can buy the remaining shares in 'one go', becoming an outright owner (with the exception of properties in rural areas).

There is no obligation to staircase and you can stay forever as a shared owner if you like. An independent valuer sets the price you will pay for further shares based on the market value of your home at that time. As the percentage share you own increases, the rent you pay will decrease accordingly.

If you bought a home in a rural area, it is possible that you may only buy shares up to a maximum of 80%. Please refer to your lease.

Download the Radian Shared Ownership Staircasing guide