Once you staircase to 100%, you own the full property interest under the lease and no longer pay rent to the housing association.
However, if the property is leasehold, such as a flat, service charges and leasehold obligations may still remain in place.
This is often referred to as full staircasing and can be a long-term goal for many shared ownership buyers.
Your home/property may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.
For the full picture, read our guide to shared ownership staircasing.
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