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Staircasing: how it works
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.
What happens when you own 100%
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.
Selling your Shared Ownership home
Selling a Shared Ownership home is known as a resale, and you can sell at any time.
Selling your home: how it works
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.