Shared ownership home: What does ‘staircasing’ mean?
If you live in a shared ownership home, you might have considered buying additional shares in your property. This process is known as staircasing. What is staircasing? Staircasing is when you purchase more shares of your shared ownership property, gradually increasing your ownership percentage. As outlined in your lease, you have the option to buy […]
Shared ownership homes: Repairs and home improvements
If you’re considering a shared ownership property, one of the most common questions is: Who is responsible for repairs and home improvements? Understanding your responsibilities can help you budget effectively and avoid any unexpected surprises. What is shared ownership? Shared ownership allows you to buy a percentage share of a property while paying rent on […]
