Here's an example of how Wayhome operates financially:

If you bought your home today for £400,000 with a 5% deposit (£20,000) and your house value went up by 3% each year due to inflation in 10 years time your home would be worth £537,550.

If you didn't buy any more of your home (through what's known as 'staircasing') over this time, your 5% share in the home would be worth £26,880. . This is because the equity you have in your home grows in value alongside the funding partners.

If you bought 1% more of your home each year for 10 years, you would have spent a further £45,855 because you buy more of your home at the current market value of the property, which is independently assessed every 3 months.

But you would then have bought 15% of your property which would be worth £80,630.

During this time you will also have to pay your rent, but this rent could go down as you buy more of your home. In the first year you'll have to pay 95% of the market value rent on your home to the funding partners.

In the 10th year, You buy more of your home at the current market value of the property, which is independently assessed every 3 months, you would only be paying 85% of the market value rent on your home to the funding partners.