Shared Ownership FAQ

What happens when you own 100% of shared ownership?

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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Every situation is different. Have a free, no-obligation chat and we will give you a straight answer for your circumstances.

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What clients say

710 verified reviews, rated 5.0

263 reviews on Google and 447 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.

5.0 average · Google & VouchedFor
VouchedFor

I was looking to buy my first home and needed advice on how to go about things, what I could get on a mortgage etc. Nick was absolutely outstanding in all aspects of his service. He gave valuable advice, explained the whole process in detail and went above and beyond to find me the best deal on a mortgage. 100% I achieved the outcome I was looking for. I was overwhelmed and delighted to secure a mortgage thanks to Nick. Nothing at all, outstanding from start to finish. So friendly and made me feel comfortable throughout.

Verified client in Norfolk
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447
on VouchedFor
5.0★
Average rating

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Your home/property may be repossessed if you do not keep up repayments on your mortgage.