Buying more of your home
You can buy more of your home whenever you like.
There’s no obligation and we’ve designed it to be very flexible. Strapped for cash one month? No worries, just cover the rent payment. Feeling flush the next month? Great! Put some money towards buying more of your home. But only if you feel like it.
Each time you buy more of your home the money is split between increasing your ownership in the home and reimbursing the funding partners for their share of the buying costs (Stamp Duty, solicitor's fees, and the property survey).
So, if you're buying 1% more of your home, you'll pay back 1% of the buying costs.
Then, because you own 1% more, your rent goes down by 1% the following month.
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