Shared ownership

What is Staircasing and how does it help me own a bigger share of my shared ownership home?

You are entitled to buy additional shares in your home at any time after you purchase a shared ownership home.  This process of purchasing additional shares and increasing your ownership is called Staircasing.  The price you will pay for an additional share is relevant to a proportion of the current full open market value. The greater the share you buy in your home the less rent you will pay.

When you Staircase to 100% ownership you will pay no further rent to Hyde, however, there may be a monthly service charge payable. Some Share Ownership leases restrict Staircasing to 80% ownership to ensure that the property is retained for local people.

Support
How can I reset my password?

You can reset your password by clicking on login/register at the top right of this page, and selecting the link ‘Forgot your password?’. If you’re still experiencing difficulties, please contact us.

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Help to Buy
How long will Help to Buy: ISAs be available for?

The deadline to open Help to Buy ISAs closed on the 30th November 2019. However, if you had an account before the deadline you can reap the rewards of the scheme till the 1st December 2030.

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Retirement homes
Do you have Retirement Homes?

We have six Retirement Homes located in Welling, Erith, Bromley, Chatham, Canterbury and Tonbridge. These homes are sold at 70% of the current full market value. If you wish to sell your home in the future, it will be sold at 70%…

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