As a new lender to our panel, StrideUp’s Home Purchase Plan can be a solution to overcome some of the affordability issues we find our clients facing today.
StrideUp aims to tackle the first-time-buyer affordability crisis through its innovative Home Purchase Plans that allow buyers access finance up to six and half times income.
The enhanced affordability is achieved by StrideUp contributing up to 20% equity share in the home that buyers can buy back over time.
StrideUp’s unique offering
- Up to 6.5x finance-to-income
- Up to 90% LTV
- No Credit Score
- Allows FTB to access the market without having to have a large deposit
- Flexible Criteria and Affordability
- Able to use ONS for Affordability or Customers own outgoings if better
- Able to be used on New Build or 2nd Hand homes
- Gifted Deposit accepted outside of close family
- Up to 4 Applicants
- All future Equity gained is belongs to the customer unlike Shared ownership etc which have to share the increased future equity
- 1 Year Self Employed
Benefits
- Allows FTB to access the property ladder
- No need for large deposits
- Able to refinance in the future and benefit from all the future Equity
- Reduce cost V Renting
- Competitive rates
- Fast Service
How to work with StrideUp
Brokers can register an interest using the following link:
Alternatively, you can contact Jon Sturgess
Email: Jon@strideup.co | Call : 0787708 5403