If you would like to increase your share of ownership in your property (or ‘staircase’ as it’s referred to in your lease) your rent payments will decrease accordingly.
The first step is to have the property officially valued to determine the current market value. This valuation needs to be carried out by a member of the Royal Institution of Chartered Surveyors (rics.org.uk).
As with selling your property, we can organise the valuation for you if you wish, please get in touch HERE and we will send you the payment details and more information on the staircasing process.
You should check your lease for any staircasing restrictions but for more information on staircasing, please see our FAQs below.