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11 Jul 2024

£500 cash staircasing incentive for leaseholders

Are you thinking about buying more shares in your home? Now's the perfect time as NHG is offering a £500 cash incentive for leaseholders who instruct their staircasing transaction with us by 31 August 2024.

Why staircase?

  • Reduce Your Rent Payments - Owning a larger share of your home means paying less rent and increasing your investment in the property.
  • Gain More Freedom - Staircasing to 100% ownership often gives you more flexibility to sublet or sell your home.

How to qualify

  • Instruct your staircasing transaction with us by 31 August 2024.*
  • Complete your purchase within eight weeks of us instructing solicitors.*
  • Enjoy your £500 cash incentive once the process is complete.*

For more information, please read our terms and conditions below.

*Terms and conditions

  • NHG is offering an incentive for Shared Ownership leaseholders undertaking a staircasing transaction. This applies only to leaseholders who are buying more shares and remaining in their home. This will not apply to those who are staircasing due to an associated sale transaction.
  • To benefit from this incentive: 1. NHG will need to have received your completed staircasing instruction form, including a valid, satisfactory valuation report and a copy of your lease by no later than 30 August 2024. 2. legal completion of your staircasing transaction must be achieved within eight weeks of us instructing our solicitors.
  • Should your transaction not proceed to legal completion for any reason, the incentive will not be payable. You will be responsible for any costs incurred by you up to that date.
  • On completion, the incentive amount will be deducted from the funds due from you to complete your transaction.

Read our guide to staircasing