Shared Ownership staircasing

Staircasing can help you own more of your home.

Did you know it’s possible (depending on the terms of your lease) to buy more shares in your Shared Ownership property? This is known as 'staircasing'. You can eventually staircase to 100% ownership if you choose to. 

We are offering existing Newbury Building Society mortgage customers £500 cashback to help with costs when they choose to staircase (terms and conditions apply, see below).

Find out more about the process of staircasing below.

To qualify for the £500 cashback, the new loan must be for the purpose of staircasing on an existing Newbury Building Society Shared Ownership mortgage. The minimum loan amount to qualify for the £500 cashback is £40,000. The £500 cashback will be paid to the bank account that your NBS mortgage Direct Debit is paid from, on the date of completion.
 

MAKE AN APPOINTMENT WITH A QUALIFIED MORTGAGE ADVISER 

For further information on mortgage appointments see our making a mortgage appointment page for further details. 

Appointments can be made during branch operating hours including Saturday mornings with our qualified mortgage advisers and can be undertaken by telephone, video call or in one of our branches. 

DO YOU HAVE QUESTIONS ABOUT SHARED OWNERSHIP?

We have a range of articles to help you understand Shared Ownership more.

• Your Shared Ownership questions answered 

• Shared Ownership - is it for you?

• We can help to demystify Shared Ownership

• Everything you need to know about Shared Ownership and more