Staircasing – Special Offer


Staircasing – Special Offer

 

A common misconception about Shared Ownership is that you can’t own 100% of your home. In fact, we’re pleased to tell you that the opposite is true; after you purchase your initial share you can increase, in 10% increments, all the way up to owning 100% of your home – something that we call “Staircasing”. 

 

By increasing your equity share, you also reduce the amount of rent you pay monthly. When you own 100% of your property, you will be entirely rent free - you’ll only need to pay your monthly mortgage fee.

 

Special Offer

 

For a limited time only, until 31st December 2019, we’re offering existing Shared Ownership customers the opportunity to invest in their future and purchase additional shares in their home. 

 

Our special offer includes the following:

 

1.    Free valuation (reimbursed on completion)

2.    Free financial advice

3.    Payment of your basic legal conveyancing fees

 

This equates to a saving of £575 + VAT in our regular fees. 

 

To see how much of your Shared Ownership home you could afford to buy, we’ve created an online rent calculator. The calculator is based on multiple factors, including your monthly rent, what percentage share you currently own and what additional percentage you’d like to buy. 

 

Staircasing Application Process

 

In order to get the process started, you can follow these simple steps:

 

1.    Click here to access your staircasing information pack

2.    Get your free financial advice

3.    Arrange a valuation 

4.    Send us the valuation and form (we’ll then send you staircasing options)

5.    Return your signed confirmation form by 31 December 2019

6.    Instruct solicitors and finalise your mortgage

7.    Complete

 

If you have any questions, our friendly sales service team are always on hand to help. You can make an enquiry, here.

 

Are you looking for a stylish and modern home in London or the South East?

 

Southern Home Ownership is dedicated to providing stylish, high quality and contemporary new homes for sale on a Shared Ownership basis.

 

If you're a first-time buyer and interested in owning a Shared Ownership property in London or the South East, then click on this link to take a look at our latest developments.