Buying further shares in your home

You are entitled to increase the equity share in your home by purchasing additional shares. This process is called staircasing;

The staircasing process

•     Check your lease for any restrictive clauses

•     Inform Hyde New Homes that you wish to purchase further shares in your property

•     Independent surveyor values your property – this valuation must not be more than three months

      old on completion of purchase

•     Upon receipt of valuation Hyde New Homes will calculate the purchase price of the shares you wish to buy

      (conditions apply, please refer to leaflet)

•     You agree purchase price and confirm you wish to proceed with staircasing

•     You instruct a solicitor

•     Completion. If you now own 100% of the property you will no longer pay rent to us.

For more information please contact our After Sales team, or download the leaflet below:

Phone: 0845 606 1221

Email: staircasing@hydenewhomes.co.uk

» How to buy more shares in your home (PDF)

Re-mortgaging your home

You are entitled to re-mortgage your home but you must ensure that you have requested consent from Hyde New Homes before making any changes to your mortgage.

For further information please download the information sheet below:

» Guide to Re-mortgaging (PDF)