The best partner to achieve your dreams
We want to help you own 100% of your own home
When buying a Shared Ownership home, you may hope to own all of it one day through ‘staircasing’. Building up the share we own in our home is one of the best investments that we can make.
This is why Sage Homes is doing more than anyone else to help customers own more of their home by offering customer support, through our partnership with Stairpay and potentially offering thousands of pounds to help you achieve your goals.
Why staircase?
You’ve bought a share of your home, have moved in and are settled and secure. Why buy more of your home when life is good now?
Since you bought your home, you've been paying down your mortgage, you've shown the bank that you're a good borrower and you may even have had a pay rise. All of this can result in you being able to borrow more than you thought you could on your mortgage, when you come to renew.
You’ll also find that the more you own, the more money you’ll get if you ever sell, owing to house price inflation – and you won’t have to share this benefit with us.
Is now a good time?
Like saving for your deposit, it’s never too early to start building your staircasing plan. The Bank of England recently cut interest rates and, with better mortgage deals hopefully coming to market, the rates might be similar to what you pay in rent.
All this means it’s a great time to buy a bigger share of your home, grab a better mortgage deal and reduce your rent today.
Build your personalised staircasing plan with Stairpay
Unlock offers which could save you thousands of pounds
Sage Homes has developed a partnership with Stairpay to help customers get to grips with staircasing, planning finances, accessing offers and simplifying the whole process. Stairpay will help you to understand what you can afford, current mortgage rates, the impact that buying a larger share will have on your costs – as well as introducing you to our network of valuers, Independent Financial Advisers and solicitors.
How it works
If you’re thinking about staircasing, visit the Stairpay website and use their staircasing calculator to find out how much more you can buy of your home. You’ll also find lots of free, expert information about the staircasing process.
Make sure you fill in all your up-to-date personal and property information correctly, so Stairpay can match you to offers which could be worth thousands of pounds.
Don't just take it from us...
Lucy shares her thoughts on staircasing
“I decided to look into staircasing when my monthly rent payments started increasing noticeably. It was a viable option to buy the whole of the remaining share as the house had increased in value, my income had gone up and mortgage rates had dropped.
Staircasing to 100% is the best financial decision I’ve made on my journey up the housing ladder. The house is mine outright and I don’t have to pay rent ever again.
The experience of buying up was really straightforward. Zero stress and no moving boxes! I wish I had looked into staircasing earlier – small percentage increases do make a difference.”