Keystone offers Part Buy, Part Rent property owners the option to buy a greater share of their home in 10% increments. This is known as staircasing and the cost of doing this will be based on a valuation of your home at the time you wish to buy, so this may be higher or lower than the initial value of your property. If you wish, you can buy increments all the way up to the point you own 100% of your own home.
At this stage, you would no longer pay rent, but you would still need to pay the service charges to Longhurst Group. Every time you choose to staircase, you will need to factor in additional costs, such as valuation fees, legal expenses and SDLT/LTT, if applicable.