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Purchasing more shares

Grasmere Gardens 056

Purchasing more shares

You are entitled to increase your ownership by purchasing additional shares at any time after you purchase your shared ownership home - this is known as staircasing.

Read our homeowners handbook for more information

  • What is staircasing?

  • You can increase the ownership of your home at any time by purchasing additional shares – depending on your lease, the minimum share you can purchase is either 5% or 10%.

    If your shared ownership lease was issued as part of the Affordable Homes Programme 2021-26, it may be possible to purchase just a 1% share.

  • How does staircasing work?

    With each share that you purchase, your rent reduces and when you reach 100% ownership, you no longer pay us rent, although you’re still liable for service charges and ground rent (if applicable). Your lease contains information that explains how to increase your ownership.

  • What to consider before applying

    Before you apply to staircase, it’s wise to speak to your mortgage lender or an independent financial adviser to ensure you’ll be able to get a larger mortgage. You also need to take into account the costs of legal fees and any additional mortgage fees you’ll incur in the purchase.

  • How to apply

    Once you're ready to apply, please log in to your myMoat account, to access the application. Before you submit your application, you must ensure you have registered all improvements you have made with us, and obtained a valuation report.

    If you don't have a myMoat account, it's easy to set one up; simply visit moat.co.uk/mymoat and click on ‘sign up’. Enter your email address, surname, date of birth and set up a password. You'll be emailed a verification link which you'll need to click to activate your account and you’re ready to go.

Need more information?

Our homeowner's handbook gives further information about purchasing further shares, including the option for some shared owners to purchase just a 1% share, so it’s important that you read the information before applying.

Alternatively you can contact the Post Sales team with any queries.

Read the homeowners handbook Contact the Post Sales team