Staircasing is a term related to shared ownership mortgages. It refers to the process by which your client is able to increase their share of a shared ownership property, potentially right up to 100% (and thus complete ownership of the property).
When applying for a new shared ownership mortgage we generally require the ability to staircase up to 100%, though we may consider restricted staircasing on a case by case basis. If your client already has the ability to staircase and is looking to increase their share of a property, give us a call on 0330 123 1073.
For more information, see our shared ownership product page and our lending criteria.
