How it works

Move into a new-build home today. Live there like it's your own. In five years, buy it with a built-in 10% deposit.

1. Get your Home Budget

Tell us a bit about yourself, your income and your regular monthly commitments. We'll use what you share to work out your Home Budget and run a soft credit check.

  • Takes just a few minutes
  • No commitment, no impact on your credit score
  • You'll know your Home Budget and maximum monthly living payment straight away
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2. Find a home you love

Once you've got your Home Budget, you'll be able to see all available homes within your price range. When you find homes you'd like to view, let us know and we'll get your viewings booked in.

  • Browse all available homes within your budget
  • We don't own these homes yet, so viewings are arranged through us
  • Homes are added and removed regularly, so if something catches your eye, it's worth acting quickly


It's worth viewing as many plots and developments as you can. The more you explore, the better your chances of finding the right home.

3. We check the home works for you

Found a home that feels right? Let us know and we'll get things moving. As part of the process, we'll run two quick checks.

  • A right-to-rent check
  • An affordability check via open banking. This looks at whether the home is comfortable for you today and across the five years ahead.


If everything looks good, we'll be in touch to talk through what happens next.

4. We make an offer

Once the checks are done, we go to the developer with an offer. If they accept, you'll pay a £1,000 reservation fee to kick off the buying process. This comes off your purchase option fee later.


If the developer doesn't accept, we'll let you know straight away and help you find an alternative.

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5. We buy the home, you move in

Once your reservation is confirmed, we manage the purchase from start to finish.

Before you move in, you'll pay the remainder of your 1% purchase option fee.

Once everything's complete, it's time to move in.

For the next five years, the home is yours to live in.

  • Your monthly living payment is fixed for five years, with no increases
  • You can decorate and make it your own.
  • We take care of maintenance, so no nasty surprises

6. Decide what’s next

At the end of your five-year agreement, your home will be independently valued by a RICS surveyor. Then it's your call.

Buy the home

You have the option to buy at 10% below its independently assessed value.

  • Deposit Bridge is designed to be paired with a concessionary mortgage, so that discount replaces a traditional cash deposit
  • You won't need a separate cash deposit to buy
  • We'd recommend speaking to an independent mortgage broker well before year five so you're ready when the time comes

Move on

If your plans have changed, that's fine.

  • The home will be sold
  • You may receive up to 7%** to support your next move

Ready to start your pathway to ownership?

Get my Home Budget

*Mortgages are subject to availability, with terms and eligibility determined by the lender. Wayhome doesn't provide financial or mortgage advice, you should seek independent financial advice before making any decisions.

**Eligibility is subject to the terms of your agreements.

†'we','us' and'our' refer to Wayhome and/or its funding partners.

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Questions along the way?

Our team is available on live chat if you need help while exploring homes or getting your Home Budget.