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About StrideUp's Home Purchase Plan
About StrideUp's Home Purchase Plan

More detail about how the Home Purchase plan works⚙️

Kate avatarSarah avatarE
By Kate and 4 others5 authors26 articles

How Does StrideUp's Home Purchase Plan Work?


What is the StrideUp Home Purchase Plan?
How is buying with StrideUp different to a mortgage?
What's the difference between StrideUp and Shared Ownership schemes?
What is the Buyout Share and Equity Share?
What monthly payments do I have to make?
Can I sell before the end of the term?
How can I get to 100% ownership by the end?
Does StrideUp offer Buy to Let finance?
Is any regulatory protection available to me?

Home Purchase Plan Advice


Do I get advice on StrideUp's Home Purchase Plan?
Do I get legal advice on StrideUp's Home Purchase Plan?

Fees and Costs


Is there an application fee?
Are there any product fees?
Do I need to pay for buildings insurance?
Are there any fees at the end of the agreement?
Any other costs I should be aware of?

Payments


Can I make additional payments?
What if I want to change the monthly payment date?
How do I make the monthly payments?

Shariah Compliance


Why is the rent different to interest?
Is it Shariah-compliant to link payments to the Bank of England interest rate?
Is there any interest involved?
What oversight does Amanah Advisors have?
Is StrideUp's HPP Shariah Compliant?
Can I talk to someone about the Shariah compliance of StrideUp’s product?
How is the Rental Rate set?
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