How it works

Deposit Bridge lets you move into a new-build home now, with the option to buy it later.Here’s how it works in five simple stages.

1. Get your Home Budget

Start by telling us about yourself, your income and your regular monthly commitments.


We’ll use what you tell us to create your personalised Home Budget. We’ll also run a soft credit check, which won’t affect your score.


Within minutes, you’ll know your Home Budget and the maximum monthly living cost for homes in that range.

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2. Choose and reserve your home

Browse the new-build homes on our website within your Home Budget. When you’ve viewed a home you’d like to reserve, let us know. through our website


Before confirming the reservation, we’ll run a couple of final checks:

  • A right-to-rent check
  • A final affordability check to make sure the home works for you long term (this includes a quick open banking check)


If everything is approved, we’ll ask you to pay a reservation fee so we can begin the purchase process.


The reservation fee is £1,000, which is deducted from your purchase option fee later. It's non-refundable if you decide not to proceed.

3. We buy the home. You move in.

We† begin the purchase process for the home and manage the transaction.

As part of this process, you’ll sign your Right to Purchase Agreement and your Home Occupation Agreement, and pay your 1% purchase option fee (less your reservation fee).

Once the purchase is complete, it’s time to move into your new home.

4. Live there for five years

For the next five years, you live in the home as if it were your own.

  • Your monthly living payment is fixed, with no increases
  • You can personalise the space (within agreed terms)
  • We† cover structural maintenance


At the end of the five years, you’ll have the option to buy the home with a 10% discount on its independently assessed value.

5. Decide what’s next

When your five-year agreement ends, you’ll decide whether to buy the home or move on.

The home will then be valued by an independent RICS surveyor.

Buy the home
Purchase it with a 10% discount, which can be used instead of a traditional cash deposit*.

Or move on
The home will be sold, and 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.