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Staircase in a shared ownership property refers to a method of buying a portion of a property (usually a flat or apartment) and paying rent on the remaining portion, while gradually increasing the ownership stake over time until the property is fully owned. The staircase allows the buyer to purchase additional shares of the property at predetermined intervals, typically in increments of 10%. The buyer can choose to purchase more shares or continue to pay rent on the remaining portion of the property.
With shared ownership staircasing you can normally increase additional shares of 10% or 25% or more. You can staircase up to 100% so long your housing association permits. To determine the staircasing cost, you need to to get a current market valuation to confirm what the additional share will cost.

If you have a shared ownership property and need a valuation if you are either planning to sell or staircasing, which is buying a larger share in it. Selling or the staircasing valuation is typically the same as the shared ownership resale valuation but simply for a different purpose.
Before you organise RICS valuation, you must confirm that your housing association allows you staircasing and stipulates that you must do this to determine how much the next share will cost you at what price of your property.
RICS Valuation survey cost may be subject to your property location and size.
Remember, Shared Ownership RICS Valuation is not a “Home Buyer Survey” and does not consider Property defects. Your housing association require the valuation report to be done by a Qualified RICS valuer and Reported must be on RICS headed paper