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How can I buy more shares in my home?

4 min read

If you've bought your home under the government's shared ownership scheme, you can buy more shares in your home - generally up to 100%. The process is called staircasing.

To buy more shares you'll need to have your home valued. We'll use the value to calculate the cost of the shares.

There are some homes where there is restricted staircasing - please check your lease if you are not sure.

You can buy all the remaining shares in your home at once, or you can buy them in stages. But you must always buy at least another 10%.

There are some homes where there is restricted staircasing - please check your lease if you are not sure.

Important information

If you are a shared owner in a tall building and you are considering buying more shares, please first read this important information that you need to be aware of.

How it works

There are 3 options:

  • Option A: You haven't made any improvements to your home and are happy to use one of our recommended surveyors.

  • Option B: You've made improvements to your home and are happy to use one of our recommended surveyors.

  • Option C: You've made improvements to the property and want to use your own surveyor.

For all the options, you'll need to appoint a solicitor.

Option A: Buying more shares when you've made no improvements

  1. Contact one of our recommended surveyors to arrange a valuation

  2. Complete the staircasing instruction form and the confirmation to proceed form

  3. Send the 2 forms and the surveyor's valuation report to staircasing@a2dominion.co.uk or to:
    A2Dominion Staircasing Team
    113 Uxbridge Road
    London
    W5 5TL

  4. We get our solicitors to draw up an offer and send it to your solicitor.

Option B: Buying more shares when you've made improvements

  1. Complete the staircasing instruction form and the confirmation to proceed form

  2. Send the 2 forms and the surveyor's valuation report to staircasing@a2dominion.co.uk or
    A2Dominion Staircasing Team
    113 Uxbridge Road
    London
    W5 5TL

  3. We arrange a surveyor and send them details of any alterations or improvements to your home that we've approved.

  4. The surveyor contacts you to organise the valuation.

  5. You will receive the valuation report.

  6. You then need to complete the confirmation to proceed form. Send this and the surveyor's valuation report to staircasing@a2dominion.co.uk or
    A2Dominion Staircasing Team
    113 Uxbridge Road
    London
    W5 5TL

  7. We will instruct our solicitors within 5 working days. They will draw up an offer and send it to your solicitor.

Option C: Buying more shares when you've made improvements and want to use an independent surveyor

  1. Complete the staircasing instruction form and the improvements disclosure form. Include details of the independent surveyor you want to use to value your home. They must be registered with the Royal Institute of Chartered Surveyors (RICS).

  2. Send the 2 forms to staircasing@a2dominion.co.uk or to:
    A2Dominion Staircasing Team
    113 Uxbridge Road
    London
    W5 5TL

  3. We send you consent to use your chosen surveyor.

  4. You contact your surveyor to arrange a valuation.

  5. You provide them with a copy of your lease. They'll need this to value the property.

  6. You instruct them to provide 2 valuations: one with the improvements and one without.

  7. Complete the confirmation to proceed form and send it to us with their valuation report.

  8. We get our solicitors to draw up an offer and send it to your solicitor.

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Help
How can I buy more shares in my home?
If you've bought your home under the government's shared ownership scheme, you can buy more shares in your home - generally up to 100%. The process is called staircasing. To buy more shares you'll need to have your home valued. We'll use the value to calculate the cost of the shares.
Help
I've made improvements to my shared home - will this affect the cost of buying more shares?
Improvements or alterations you make to your home can affect how much you pay to buy more shares in it. If you've spent money on improving your home, we'll consider the value the improvements have added to your home when we work out the cost of buying more shares.
Help
How much will it cost me to buy more shares in my home?
We work out the cost of shares based on the current value of your home. For example, if your home is valued at £350,000 and you want to buy another 25% share, the cost would be 25% of £350,000 = £87,500.