Our property criteria

If you’ve gone home hunting before you’ve probably ended up on Rightmove or Zoopla. Between them, they show you pretty much every single home for sale.

You’ll probably filter them by location and number of bedrooms. And then, if you know how much you can borrow from a mortgage lender, you’ll look at homes within your budget.

How it's different with Wayhome

First, we have a series of filters a home has to go through to be be considered good enough for Wayhome. Part of that work is done by our data team who use algorithms to filter the hundreds of thousands of homes available on the open market.

🤖 What our property filtering algorithm does

The algorithm is designed to filter out properties that obviously won't make good homes and good investments. So, we're careful about the area, how much the home is priced at, and whether it works financially for the funding partners, because without them we can’t help you become a homeowner.

Our data team hand over the homes that fit the criteria to our expert property team.

🕵️‍♀️ What our property experts do

They look at every single home and reject anything that doesn't cut the mustard that couldn't be picked up by an algorithm. We don’t want homes with structural damage, above noisy shops, or with tiny bedrooms.

Here’s a bit more detail.

👍 Homes we will buy:

• are in quiet, urban areas

• are in good structural condition

• are not the cheapest nor the most expensive home for the area

• are private houses or flats

• are ready for you to move in with no building work needed

• are freehold, share of freehold, or leasehold with a 100+ year lease

• have 2 to 5 nicely sized bedrooms

👎 Homes we won’t buy :

• are on main roads, motorways, or back onto railway lines

• have small bedrooms

• are basement flats, flats above commercial property, or ex social housing

• are brand new builds

We do lots of work to find homes with the best investment potential. If you end up buying a home with our help, it’s a home vetted by our property experts and the funding partners who both have rigorous requirements.