We use cookies to give you the best possible experience on our website. By continuing to browse this site, you give consent for cookies to be used. For more details, please read our cookie policy.
Homeowners
Downward staircasing - a guide to selling back shares in your shared ownership home
The process that lets you sell back shares of your shared ownership home to Home Group is known as downward staircasing, sometimes also called flexible tenure.
It’s intended to help if you’re in danger of losing your home because of financial hardship so it only available in exceptional circumstances.
Shared owners can apply for downward staircasing depending on the terms of their lease. It's only available in exceptional circumstances, as it’s intended to help if you’re in danger of losing your home because of severe financial hardship.
The amount you can sell back depends on your circumstances and whether we have the public funds available to support this. We’ll consider each application individually in line with criteria set out by the government.
If you’re in danger of losing your home due to financial hardship you can apply for downward staircasing.
We're here to help, so please get in touch so we can chat you through your options.
Shared owners are responsible for paying:
Help us improve our website. Did you find this web page useful?
Thank you for your anonymous feedback about our website. If you need help with a non-website issue please use our get in touch option.