StrideUp's Home Purchase Plan gives people a fair and accessible way to buy their home. Some people come to us because we can help them buy a better property than they could with a mortgage, whilst others just don't want to go with a conventional bank product. Some key points:

  • An alternative to a mortgage. A Home Purchase Plan is an alternative to a mortgage that you might get from a bank, however, instead of lending you money, we jointly purchase the property with you and you gradually buy it back from us.

  • It's a regulated product. Just like a normal mortgage, Home Purchase Plans are regulated products (regulated by the Financial Conduct Authority), meaning you get similar protections and rights.

  • Helping you make the leap from renting to owning. Because you don't have to buy 100% of the property on day-1, we might be able to help you buy a bigger home, a better home, or just buy earlier than you otherwise could.

  • Locking in all gains from house price increases. Even though we buy part of the property with you initially, any profit from the house price going up belongs to you, meaning you'll never have to pay more than the initial price to buy back from us!

  • Protection against house price falls. Whilst all the house price gains belong to you, if house prices fall and you have to sell, we'll share in some of the loss with you.

If you're tired of renting, or just ready for an upgrade, apply now to see what you could afford with StrideUp.

Your home may be repossessed if you do not keep up the payments on your home purchase plan.

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