Your path to home ownership
through sharing
Everyone should have the opportunity to get on the housing ladder. We’re here to give you a leg up.
what is moovable?
Moovable is the Bank of Mum and Dad
for those without the Bank of Mum and Dad.
Moovable boosts your deposit by up to 20% of the property value when you let out your spare room. No begging, shared-ownership-scheming, or borrowing. And no equity loans hanging over your head. Just a cash lump sum to put towards your deposit and a home that’s 100% yours from day one.
Here's what we could save you if you were buying a £200k home
Buy without Moovable
- Property price: £200,000
- Your deposit (5%): £10,000
- Mortgage: £190,000
avg payments
- Monthly £1,126
- Yearly £13,515
- Lifetime £337,882
Buy with Moovable
- Property price: £200,000
- Your deposit (5%): £10,000
- Deposit Boost (+10%): £20,000
- Mortgage: £170,000
avg payments
- Monthly £930Save £197
- Yearly £11,155Save £2,361
- Lifetime £278,863Save £59,019
How does Moovable work?
It’s your home, your housemate, your rules.
We’re just here to make it happen.
With Moovable, you can buy the house you want, in the postcode you want. Even choose the housemate you want. All in less time than you thought. Think more bill splitting and Netflix sharing - and less mortgage debt later down the line.
Tell us your home-buying goals, and we’ll tell you how much we could boost your deposit by.
Get in touch so we can talk about your preferred location, house size and current savings situation.
Find your dream home, then lock in your Moovable deposit boost!
Your deposit boost offer will be bespoke to your chosen property. It will also enable your broker to secure your mortgage. Need a broker? We can help you there, too!
Complete your purchase and move into your new home!
Welcome to homeownership! Get unpacked and choose your housemate. It can be someone you know or we'll use your preferences and give you options to choose from.
Welcome your housemate and start living your life!
If you fill the room yourself, you earn 10% of the rental income. If we source a housemate for you, then you take home 5%. Win-win.
Get a deposit boost estimate
Already found your dream home?
Fantastic! Send us the Rightmove, Zoopla, or estate agent link - and tell us a few details about yourself - and we'll tell you how much we could boost your deposit by.
why moovable?
A new way to buy a home that benefits your bank account – and your social life.
Dream bigger and better.
Don’t settle for less. We make buying your dream home more affordable. A second (or even a third) bedroom? A garden? A garage? Whatever’s top of your wish list, a Moovable deposit boost can make sure it’s ticked – without increasing your mortgage.
Say no to complex, long-term commitments.
Tell us how long you’d like to let your room for (up to a maximum of 5 years) and we'll confirm your deposit boost amount. And, if your circumstances change, you can terminate your Moovable agreement subject to an early repayment terms. Simple as that.
Share more, earn more, borrow less.
It’s about more than borrowing less from the bank. Sharing your home with Moovable housemate means splitting household costs. Plus, we’ll share a percentage of the monthly housemate rent with you too.
Reduce your carbon footprint.
The UK already has 17 million empty bedrooms. Live with someone else (instead of living separately) and you’ll each lower your carbon footprint by 40%. A plus for the planet - and your wallet.
Enjoy peace of mind - that you can’t put a price on.
Taking in parcels, watering that thirsty plant; generally just keeping an eye on the place. A housemate gives you money-can’t-buy peace of mind. Priceless, for when you're away from home - or when life’s little emergencies get in the way.
Grow your social circle.
Sharing your home is about having someone to hang out with, split an Uber with - even swap recipes with. The housemate life is what you make it.
HOMEBUYER'S DEPOSIT BOOST ILLUSTRATOR
Just a heads up - we're only available in the North East right now. But we're coming to other areas of the UK very soon!
Meet the Moovers - illustrations
Want in?
Talk to us today about your home ownership goals. We could get you moved into your first place sooner than you thought.
frequently asked questions
Because no one likes sifting through small print.
We’re here to help you get on the housing ladder or go bigger and better with your next house purchase.
If renting is your thing and you're looking for a great place to be a housemate, Moovable can certainly help you with that!
If you’ve got questions, you’ll find most of the answers here. Or, if you’d rather speak to the team – we’d love to hear from you! You can chat, email us, or schedule a call.
You’ll need to contribute a minimum of 5% of the value of your home towards the deposit. We’ll then boost your deposit by between 5% and 20% of the property value.
No. Unlike a loan, the deposit boost doesn’t incur interest or need to be secured against your home. It also doesn’t affect your credit rating. It’s simply a cash lump sum, provided up front, that helps you afford the home you want in the area you want.
Your home will be 100% yours from day one, so we won’t own a share of your property.
Because you need to rent at least one spare room, your chosen home needs to have a minimum of two bedrooms. It needs to be in a liveable condition – so no major fixer-uppers or renovation projects.
This is dependent on how much of a deposit boost you need and can be from between 1 and 5 years.
After your deposit boost is fully paid back, you are free to decide if you wish to continue renting a room directly, taking 100% of the rental income.
Contact us if you want to know more.
Sourcing the right housemate for you is something we take seriously. We’ll find out your preferences up front and carry out all the necessary checks to find you a housemate to meet up with, as part of the selection process. Normally, this would be more than one potential housemate.
To find out more about how we match you with a housemate, get in touch.
We completely get that circumstances can change. If you need to end your Moovable agreement early you can do so, along with paying a termination fee. To find out more, get in touch.