Just like if you can bought outright with cash or bought with a normal bank mortgage, you can sell your home whenever you want and end the Home Purchase Plan early. There are a couple of points to keep in mind though:

  • Early Payment Charge may apply. If you sell early (during the initial fixed rate period of 2 - 5 years), then an Early Payment Charge may apply. This will be explained in your offer.

  • If the market value of your home is less than when you bought, StrideUp will share some of the loss. You are protected against home value losses on the Equity Share. This unique feature of StrideUp's product means you would owe us less than if you had just bought with a conventional mortgage. (Subject to terms and conditions)

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

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