Shared Ownership Staircasing Calculator
Helping you buy more of your Shared Ownership home.
As a Shared Ownership home owner, you have the option to Staircase (buy more of your property) and depending on your lease, have the opportunity to own 100% of your property.
Use our simple Staircasing calculator below to work out what your new rent payment would be on the remaining share of your property so you can compare it to what your new mortgage payment would be.
How to use the Staircasing calculator
We've make working out your new rent amount as simple as we possibly can with this calculator, but you'll need to have a few things to hand to get started.
- The share amount that you currently own
- Your current rent cost
- what percentage you want to Staircase by
'What can I afford' calculator (Staircasing)
You are able to buy more of your home through the Staircasing process, where you can purchase additional shares at this development in increments of 10%.
Please note, as a Shared Owner you are responsible for all repairs and maintenance within your home.
Find out more about Staircasing
Now you've checked your Staircasing affordability, get to know the process of Staircasing on your home, and kickstart the next step in your home ownership journey.
Find out more
Managing Your Home
*The Platform Home Ownership Staircasing calculator is based the unique rental calculation for Shared Owners living in a Platform property.
Buying more of your Shared Ownership home will incur other costs, including mortgage costs if that is the route you are purchasing further shares through.
Platform Home Ownership are not financial advisors, and this tool is to be used for research purposes only. Speak to a specialist mortgage broker to discuss your finances.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS OF YOUR MORTGAGE
