How and when can I buy further shares?

As personal circumstances or finances change, you can buy further shares in your home at any time after the first year of your initial purchase. You may buy any size of the share remaining until you gain 100% ownership as long as it is in 25%, 50% or 75% portions. The price you pay depends on the value of your home at the time you wish to buy further shares. Remember that house prices can go up or down. This means that sometimes you may pay more for buying additional shares, or have to sell at a price less than you originally paid.

In some areas, especially rural locations, the maximum share you can purchase is restricted to 80%. This is to ensure that the homes remain available to local people. If this is the case, you will be advised before you purchase a share in your home.