With Shared Ownership, you have the option to buy more shares in your home if you want to. This is called staircasing.
The more the shares you own, the less rent you will pay to Abri. Usually, you can staircase to buy all of your home, so you won’t have to pay any more rent.
The amount of shares you can buy in a single purchase depends on whether your home was funded by the Shared Ownership programme 2016 to 2021 or the new programme for 2021 to 2026. When you find a property for sale that you like, we'll be able to let you know which applies to your home.
For homes funded by the Shared Ownership programme 2016 to 2021, you can buy shares of 5% or more at any time.
For homes funded by the Shared Ownership programme 2021 to 2026, you:
- can buy shares of 5% or more at any time
- can buy a 1% share each year for the first 15 years
- can't buy shares of 2%, 3% or 4%.
For homes funded by earlier affordable homes programmes you can buy shares from:
If you do choose to staircase with us, there is a £180 administration fee.
Want to find out more about staircasing? Use the button below..