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When you bought your home, you may have taken out a MyChoice HomeBuy equity loan. Find out more about loan terms below for MyChoice HomeBuy equity loans, including an opportunity to repay your loan with a significant discount.

Buying more shares is known as “Staircasing”, enabling you to own more of your home. The greater the share you buy of your home, the less rent you pay to Peabody. If you Staircase to 100% you become an outright owner and pay no rent.

Buying more shares is known as “Staircasing”, enabling you to own more of your home. The greater the share you buy of your home, the less rent you pay to Peabody. Here we'll take you through the specifics of how to Staircase your Shared Ownership home.

Congratulations, you’re now the sole owner of your home. While you no longer pay Peabody any rent, there are still some ongoing costs you need to be aware of, depending on what type of home you own.

Once you have made the decision to sell your home, there are several things you need to prepare to begin the process of selling your home.

When you purchase your property, you will be required to sign a lease. This is a legally binding contract that states your rights and responsibilities as the leaseholder, and the rights and responsibilities of your landlord.