Staircasing is a process that allows shared ownership homeowners to gradually buy more shares of their property. This means they can increase their ownership stake over time, often starting with a smaller percentage and working up to full ownership. It is commonly used in schemes like shared ownership to help individuals and families afford homes. As homeowners purchase additional shares, their monthly rent payments may decrease, making it more financially manageable. Staircasing can be beneficial for those who want to invest in their property without committing to a full purchase upfront, providing a flexible path to homeownership.