As your circumstances change you may want to buy further shares in your home or sell it.
Buying more shares in your home
As a shared-owner with Paradigm you have the option to buy further shares of your home until you own 100%, but this may be subject to the terms of your lease. Buying further shares is known as ‘staircasing’. You can purchase further shares from a minimum of 10% and your rent will be reduced to reflect the share you own. You can read more in your Homeowners’ Handbook (link).
Selling your home
The rules for selling your home are set out in your lease. If you are a shared owner and you want to sell you must call us to find out the options available to you. Contact our Sales team on 0845 337 4877.