StrideUp’s Home Purchase Plan uses a shared ownership model to jointly purchase a home with the buyer instead of lending the money using a traditional mortgage.

StrideUp contributes up to 20% equity share in the home which means buyers can often buy better or sooner than they otherwise would have. Buyers' initial contribution is a minimum 15% deposit for their home. There is then one monthly payment made of two parts, a purchase part buying more of the property and a rental part for StrideUp’s equity share. If customers stay with StrideUp for the whole term and don’t make any over-payments, they’ll end up owning their 80% share outright, but they’ll still need to buy our 20% share.

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