Don’t spend years saving for a deposit.
Have 5%? We’ll provide the rest
ONTO THE LADDER IS YOUR PARTNER, NOT A LENDER.
This means that we are co-investing together into your home, as partners.
You don’t need any draconian lifestyle changes to save for your mortgage – we partner with you to bridge the gap so that you can get onto the property ladder and have a place of your own.
We co-invest with you into your home today, getting you onto the property ladder with our Home Equity Partnership
HERE’S HOW IT WORKS
1. We prepare an offer
We evaluate your co-investment needs and present you with an offer, usually between 5 and 15% of your new home’s purchase price.
Our Home Equity Partnership comes with no debt or additional monthly payments for you.
2. We apply for a mortgage
Once the Home Equity Partnership paperwork is signed and recorded we help you apply for a mortgage, either through our UK lender partnerships or on the open market.
We want you to have the best mortgage rates possible. The choice is yours.
3. You sell when you’re ready
Finally, when you are ready to sell, whether it’s next year or up to 7 years down the road when the Home Equity Partnership term is up, we’ll be paid out our share – an agreed-upon percentage of the sale price or current appraised value.
See how our Home Equity Partnership can help you
% deposit required: =
Your deposit amount:
(min 5% of Property Price)
Home Equity Partnership deposit top-up amount:
Your home, faster.
Our Home Equity Partnership model allows you to get qualified for a mortgage and purchase any home faster. No need to save multiple years for a deposit.
No hidden terms, meanings or extra charges – ever. We’re always upfront about any fees so you can have complete control of your home.
Make it Yours.
Paint the walls, get a BBQ and get your housewarming party going.
It’s your home.
What’s a Home Equity Partnership? It’s understandable that you’d have a lot of questions and we want you to feel 100% confident you’re making a smart, informed decision.
We’re getting ready to launch, take our 3-min quiz to see if we’re a good fit.
So what exactly does OntoTheLadder do?
OntoTheLadder is a way for first-time buyers to purchase their home without the need to wait years to save for a mortgage deposit.
Through our Home Equity Partnership we co-invest alongside buyers to top-up their deposits so that they are able to secure a mortgage from established lenders at better rates.
What’s the difference between a Home Equity Partnership and a Loan?
Unlike a lender, we receive no monthly payments or guaranteed return on the money we’ve invested. This allows you to focus on living, without additional debt.
Is OntoTheLadder just another Help to Buy or a Shared Ownership scheme?
No. There are similarities between OntoTheLadder’s Home Equity Partnership and both the Help to Buy & Shared Ownership schemes however the fundamental differences are:
- Not just Newbuilds – we don’t limit your purchase to just leasehold newbuilds. You are free to purchase any property and freeholds are actually preferable giving you complete control.
- No additional monthly payments – we are not a lender and our Home Equity Partnership is a co-investment, not a loan.
- No income cap limits – unlike Help to Buy and Shared Ownership, we do not believe that because someone makes £1 above £60k /year should automatically disqualify them from assistance to purchase their home. Everyone’s situation is different.
- No requirement to be a first-time buyer – whilst our co-investment offer is directed at first-time buyers, our Investment Managers are also open to considering your application if you already have property – whether it was an inheritance or perhaps a purchase abroad. Again, everyone’s situation is different and we are here to help.
How long do I have to settle OntoTheLadder’s Home Equity Partnership co-investment?
The term of OntoTheLadder’s Home Equity Partnership co-investment is typically 5-7 years. You can either sell your house during the term or you can buy out our co-investment with savings, a remortgage or by taking out a home equity (or other) loan. We call this Settling the HEP co-investment.
Who can use OntoTheLadder?
Because there are a lot of factors that go into determining if OntoTheLadder can make an investment in a property, there isn’t a black-and-white list of criteria. Each property is evaluated independently. That’s why we suggest homeowners start with the quiz.
What is the process for getting a HEP co-investment from OntoTheLadder?
Getting a Home Equity Partnership co-investment is done in a few simple steps:
- Complete our Quiz
We will review your responses and get back to you.
- Speak with your Investment Manager
We will allocate you a dedicated Investment Manager if we think a HEP co-investment might be possible. Your Investment Manager will contact you and be here for you every step of the way to assist you and answer any questions you may have.
- Decide on a property you want to buy
Either or your own or with our assistance – as always the choice is yours. Your Investment Manager will evaluate the suitability of your chosen property.
- Submit your HEP co-investment Application
Your Investment Manager will send you your personalised application. Once you’ve uploaded or scanned your documents to your computer, grab a cup of coffee and get started – this Application shouldn’t take more than 20 minutes.
Once the paperwork is complete, your Investment Manager will assist you with your mortgage application and any legal paperwork to close the transaction with the property seller and your preferred lender. Once that’s complete, you can get started on planning your housewarming!