Shared Ownership staircasing

Want to purchase more of your Shared Ownership 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. 

Get cashback to help with the cost of staircasing

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).

Please note: 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.