No, your rent doesn’t increase your equity share in the home.

To buy more of your home, you make additional payments on top of your rent. You can do this from as little as £50, monthly or in lump sums, and whenever you want to.

How we calculate your rent

Wayhome uses local market rents to calculate the rent you’ll pay. In other words, your rent is based on what similar properties in the same area would typically rent for.

We think this is fairer than deciding a rent at random (like some private landlords do), or applying a generic rent based on a % of the property's value.

Remember, you only pay rent on the amount of the home you haven't yet bought. If you buy 5% of a home and the rent is £1000 per month, you only pay 95% of the rent. In this example, that’s £950 per month.

So if the home would typically rent for £1,000 a month, and you buy 5%, you’ll only pay £950 (95%). And every time you buy more of the home, you rent less of it!

Who your rent goes to

It goes to our funding partners as a return on their investment and we make money by charging them a fee for helping them invest in residential property.

They never add any interest or charges on top of the rent you pay.