Our shared equity financing model is simple. Buyers purchase a percentage of their new home, the percentage depends on how much they can comfortably afford to pay towards ongoing monthly mortgage payments. Staircase own the remaining share of the property. Depending on their share, buyers may need to pay rent to Staircase on the remaining amount. Rental rates are set according to the share you purchase. Staircase effectively give the buyer a gifted deposit, eliminating the need for them to make any down payment on their new home. Below is a summary of the ownership options. Buyers can climb the Staircase steps at any percentage increment at any time.

Buyers who purchase less than 80% of their property will pay rent to Staircase on the remaining ownership balance. For example, if you purchase 50%, you will pay a mortgage that represents a 50% share and rent from Staircase on the remaining 50%. This arrangement can allow you to become a home owner and build equity in a market that was previously beyond your reach financially.

Buyers who purchase 80% or more of their property do not need to pay rent to Staircase on the remaining 20% balance. As you can see, there is incentive to increase your share to the 80% threshold.

Home owners may increase their ownership share to 100% at any time and buy out Staircase’s investment at your property’s current market value.

To further understand how this model can work for you, use our Mortgage Calculator.

Our shared equity plan provides each homeowner with full access and rights of use as their primary residence. Therefore, even if you pay rent to Staircase on a portion of your property, you do not share access with a landlord.