You’ve moved in, had the house warming and are enjoying living in your new home.
What happens next?
Living in your Shared Ownership home
What makes us different from other developers is that once you have purchased a home from us, we will continue to manage the home and neighbourhood where you live. We’re with you every step of the way. From maintenance and repairs to making improvements, here’s what you need to know once you’ve moved in.
Buying more shares in your home is called 'staircasing'. You can staircase at any time, but you must increase your share by a minimum of 10% each time you staircase. If you are considering staircasing, speak to an independent financial advisor. They can help you decide how much you can afford.
You can sell your share in the property regardless of the size of the share you own. When you come to sell up, the value of the home could have gone up or down since you first bought it. If you decide to sell your L&Q home, the resales team will help you find a buyer. L&Q are given the first opportunity to re-sell your property to another Shared Ownership buyer.
