If you are an existing Paradigm tenant
If you want to buy your current home from Paradigm call the Sales and Marketing Team on 0845 337 4877 to find out which options are available to you.
Useful documents and links
- Tenants Right to Buy booklet (PDF 497KB)
- Buying a home from Paradigm "Right to Buy - Jargon Buster" (PDF 53KB)
- Paradigm approved Financial Advisors
- Request further information on Tenants Right to Buy
Social tenants, people on their local housing register, key workers and first-time buyers who can't afford to buy their own home on the open market may qualify to buy a newly-built house or apartment on a part-buy, part-rent basis or 'shared-ownership'.
Paradigm takes pride in providing high-quality affordable houses and apartments for local people. Please contact the Home Ownership Sales Team on 0845 337 4877. You can see our shared-ownership properties on our dedicated website - Paradigm Living.
Buying further shares/sell your shared-ownership property
Once you have been living in the property for a length of time and you find your financial situation has improved, you may wish to buy a further share of the equity. This is known as ‘staircasing’. For example, if you own 50% of the property, you can choose to buy further shares in your home. This can be done at a minimum of 10% shares and you are able to take four steps until you own 100% of the property, i.e. outright. The first step is the initial share with the final step being the final share. Your rent will reduce with each additional share you purchase.
There are new build shared-ownership schemes available whereby you can purchase a brand new property that no-one has previously lived in, or occasionally we have properties whereby a current shared-owner wishes to sell their property. These are known as 're-sales'.
Please call the Shared-ownership re-sale team on 0845 337 4877 to find out the options available to you.
We also have a number of newly-built apartments and houses to be sold outright on the open market, as well as houses and apartments that are no longer required by Paradigm. Please contact Louise King on 0845 337 4877 for more details.