Two housing associations have partnered with a platform that claims to simplify the customer journey to shared ownership.

As well as its partnership with Clarion Housing and Places for People, Stairpay, has also signed a deal with Share to Buy, the largest property portal for shared ownership, to facilitate automatic listing of shared ownership properties for sale.

Stairpay says the partnerships will leverage its data-driven insights to enhance and simplify the shared ownership experience for residents using the part-buy, part-rent scheme designed to make housing more affordable.

Stairpay recently completed a successful two-month pilot with Clarion, the UK’s largest housing association, which saw a 50% increase in staircasing transactions and strong resident engagement with the app.

Floris ten Nijenhuis, Founder of Stairpay, said: “Stairpay was born out of the desire to solve the challenges faced by first-time buyers looking to get onto the property ladder. The UK has the largest shared ownership market globally, but has challenges to address.

“Our partnerships with Places for People, Clarion and Share to Buy signify the collective intent to apply a data-driven approach to significantly improve the shared ownership experience for both residents, housing associations and other stakeholders which will see more people realise their dream of full home ownership.”

Michelle Wood, Director of Home Ownership for Places for People, said: “As an organisation our ultimate goal is to ensure everyone has somewhere to call home. Shared ownership is a great way of supporting people into home ownership in a way that works best for them and we are committed to doing all we can to help them throughout the process of owning more, and eventually all, of their home as soon as possible.

“So, we are excited to implement Stairpay’s technology to make the process of buying more equity in their home a more streamlined and automated process which we hope and believe will lead to more of our customers buying more equity in their property.”