Eligibility
Find out if we can help you today
Financial criteria
- £24,000 to £140,000 total household income*
- 5% to 30% deposit, worth at least £7,500
* This is pre-tax and shouldn't include any benefits you receive
Our Property Specialists take over
Eligible for our help?
*'we' 'us' and 'our' refer to Wayhome and/or their funding partners.
Our criteria might change over time which might mean we can include more people.
Gradual Homeownership is just the beginning of our vision at Wayhome to reinvent homeownership.
So, just because you're not eligible today doesn't mean you won't be in the future.
If you're not eligible today
- pass a soft credit check
- be between 21 and 55 years old
- be a British citizen, or have settled or pre-settled status, or have indefinite leave to remain in the UK
- have lived in the UK for the last 3 years
- have no criminal record
- not own other properties by the time you buy with us
- (if you're self employed) have a minimum 1 year's worth of tax returns including 2022/2023
You also need to:
Eligible for our help?
*'we' 'us' and 'our' refer to Wayhome and/or their funding partners.
Unmortgage Ltd (registered in England and Wales, Company No. 10395239) and its subsidiaries comprise the Unmortgage Group. Our registered office is at 9 Appold St, London, EC2A 2AP.
Wayhome is a trading name of the Unmortgage Group.
Unmortgage Arrangers Ltd, a subsidiary of Unmortgage Ltd (registered in England and Wales, Company No. 11842567), is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 838366) for arranging and administering insurance policies only and is also registered as an EMD Agent of Modulr FS Limited (Firm Reference Number 902968). Modulr FS Limited is Authorised and Regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573). Your money is held in a segregated and safeguarded account under e-money regulation.
No other aspect of the Unmortgage Group’s business falls within the scope of financial services regulation. This means you do not have any of the protections under the FCA rules and do not have any cover from the Financial Ombudsman Scheme or the Financial Services Compensation Scheme in relation to your interest in an LLP. Customers should ensure they understand what this means before they use the Wayhome product.
For full details relating to our regulatory position please see our Regulatory Information Page.
Wayhome Property Management Ltd, a subsidiary of Unmortgage Ltd, is a member of The Property Redress Scheme (membership number PRS025713), which covers activities in relation to the purchase of the home, the setting up and management of tenancy and the management of maintenance of the home.
Wayhome Nominees Ltd (registered in England and Wales, Company No. 13085562) is a subsidiary of Unmortgage Ltd.
Have any questions? Check out our FAQs
If you'll be buying or living with a partner
If you're buying with a partner and/or they'll also be living in the home then they need to be on your application and meet our eligibility criteria.
To find out more, click here.