Earn £500 with our staircasing cash incentive 

Have you ever thought about buying more shares in your home? Now's the perfect time to take advantage of the lower rates, as NHG Homes is offering a £500 cash incentive for leaseholders who instruct their staircasing transaction with us by 23rd of December 2025 and complete the transaction before the 27th of March 2026.

You can staircase at any time. As you buy more shares in your property, your rent decreases. If you want to buy an extra share, you must first get your home valued. We use this valuation to work out the price of the share.

Below are a few tools to help you with your staircasing journey. We have compiled some of our most frequently asked questions as well as a link to all of our staircasing-related pages that you'll need along the way. We have also built a calculator that can help breakdown your finances and how stairasing will change your monthly payments. 

How to qualify for the incentive

 

  • Instruct your staircasing transaction with us by 23rd of December 2025

  • Complete your purchase before the 27th of March 2026 

  • Enjoy your £500 cash incentive once the process is complete*. 

To take advantage of the incentive, you just have to complete the steps above. You can also sign up via the form below if you want to discuss your options with one of our dedicated team. 

*Please check terms and conditions at the bottom of the page. 

 

The Benefits of Staircasing

  • Reduce your rent payments - Owning a larger share of your home means paying less rent and increasing your investment in the property. 

  • Gain more freedom - Staircasing to 100% ownership often gives you more flexibility when subletting or selling your home. 

Want to know more?

Complete this form if you'd like to submit your interest in the incentive or you are keen to learn more about the staircasing process. One of our team will contact you shortly. 

You can also check out our FAQs and links below for more information. 

*Please note, you do not have to submit your interest here; any staircasing request that meets the above criteria can be eligible for the incentive. 

Would you like to hear about other developments?

 

  

Does Staircasing Work For You?

The below calculator can give you an idea of how staircasing might work for you. Input your current ownership situation, and your desired ownership level, then the calculator will show an idea of how your finances could work.

 

 

Disclaimer

  • This staircasing calculator cannot be used as a guarantee of obtaining a mortgage.
  • It is advised that you speak to an independent mortgage adviser to find out more on your affordability.
  • Estimated monthly rent is calculated on the remaining share of the property.
  • Please note that your regular service charge will remain payable.
  • Share value calculations are only to be used as estimates. Final valuation figures will be determined by your RICS valuation report.

 

 

Staircasing Hub

Below are some of the most frequently asked questions around our staircasing process. you can also check out our Staircasing hub here - as DIYSO customers some of the information in the hub will be slightly different, our team will be able to talk you through your specific process.

Staircasing Guide

Find out more

Staircasing Solicitors and Financial Advisors

Find out more

Staircasing Insight BLog

Find out more

Staircasing FAQS

 

Some of our most frequently asked questions around staircasing and what it means for you. 

The time people take to buy more shares varies from around four weeks up to three months.

You need to consider the following:

  • How soon can the valuer value your property? (If they are busy, it could take two to three weeks for them to value and write the report on your home)
  • How busy your solicitor is and if they are experienced with ‘staircasing’ purchases
  • Your valuation will only be valid for a short time as set out in your lease. This is normally three months from the date of the report. If you have not completed buying the share by this time, you will have to get an updated valuation. We cannot extend your original valuation under any
    circumstances
  • Delays in completing the purchase are normally due to problems arranging the finance or gathering legal documents – three months is plenty of time but make sure you send us the valuation and staircasing instruction form straight away
  • If you need to amend the share that you have initially told us you want to buy, and we have already instructed our solicitors, this will cause a delay that may result in you having to update your valuation. It will take us up to 5 working days to process this request to change the share that you will be buying and provide the updated memorandum and the new instruction to our solicitor

Your solicitor would have given you a copy of your lease when you purchased your share. If you do not have this, you can obtain a copy for the Land Registry website for a small fee. Notting Hill Genesis do not have a copy of your lease.

https://www.nhg.org.uk/help-and-advice/get-a-copy-of-your-lease/

The cost of your shares will be calculated on the current market value.

The amount you can buy will be determined by the finances available to you. You can buy shares in lots of 5% with a minimum share of 10%. E.g. 10%, 15%, 20%, 25%, etc. You cannot buy a share that is not a multiple of 5%.

Your staircasing will usually take 1-3 months; however, this is just an estimate.

Three months is usually plenty of time to complete but be sure to send us the instruction documents as soon as your valuation is received. This will maximise your chances of completing within the 3 months Delays in completing the purchase are normally due to problems arranging the finance. Any amendments to the initial staircasing instruction that you send will also increase the chance of needing an updated valuation.

Once you have bought extra shares your rent will go down in proportion to the share you have bought. For example, if you increase your share from 50% to 75%, your rent will halve (you will pay rent on 25% of the property rather than 50%).

If you increase your share to 100%, you will stop paying rent. However, you will still have to pay the service charge and ground rent may become payable. Please ask your solicitor about this.

We are unable to provide advice relating to stamp duty. Please ask your solicitor about this.

REVISION NEEDED

  • Your valuer’s fee
  • Mortgage arrangement fees to your lender, if this applies
  • Your lender’s valuation fee, if this applies
  • Your legal fees
  • The cost of the extra share
  • If you did not pay stamp duty on the full value of your home, you may need to pay extra stamp duty. We cannot help with questions about stamp duty. Your solicitor will answer these for you.

NHG pays our own solicitors' fees, unless extra fees are incurred during the staircasing process.

In the case that you cancel your application, or do not complete for any reason, you'll be required to pay our solicitors' fees and/or cancellation fees.

Want to know more?

Complete this form if you'd like to submit your interest in the incentive or you are keen to learn more about the staircasing process. One of our team will contact you shortly. 

You can also check out our FAQs and links below for more information. 

*Please note, you do not have to submit your interest here; any staircasing request that meets the above criteria can be eligible for the incentive. 

Would you like to hear about other developments?


*Terms and conditions for staircasing incentive

·         NHG are offering an incentive for Shared Ownership leaseholders undertaking a staircasing transaction. This applies only to leaseholders who are buying more shares and remaining in their home. This will not apply to those who are staircasing due to an associated sale transaction.

·        To benefit from this incentive:

  1. NHG will need to have received your completed staircasing instruction form, including a valid, satisfactory RICS valuation report and a copy of your lease on or before 23 December 2025.
  2. 2. For the purposes of this incentive, legal completion of your staircasing transaction must occur on or before 27 March 2026.

·        Should your transaction not proceed to legal completion for any reason for example delay with your mortgage offer, the incentive will not be payable. You will be responsible for any costs incurred by you up to that date.

·         On completion, the incentive amount will be deducted from the funds due from you to complete your transaction.

·         NHG reserves the right to withdraw or modify the incentive at any time.

·         This incentive cannot be combined with any other incentives offered by NHG.