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How does it work?

  • HOP is not a lender, we help you to own a home alongside HOP's investors
  • If the home you choose is a sound prospect, HOP's investors will buy the home alongside you, investing up to 6 times your income. All you need is 10% of the purchase price
  • In return, you will make monthly HOP Payments, which could work out less than your rent or mortgage payments.
  • Your payment will be 5% of HOP’s investors’ contribution in Year 1
  • You are free to sell at any time and will benefit from any increase in the value of the whole property, not just your share
  • You can buy a bigger share of the property, up to 100%, any time you want.

Example

If you had £30,000 to put down on a property, you could buy a home with HOP for £300,000, with HOP’s investors contributing the balance of £270,000.

In Year 1, your annual HOP Payment would be 5% of this balance: £13,500, or £1,125 monthly.

Each year, the HOP Payment would increase by 0.5% above the Retail Price Index. So, If the RPI is 2.5% in Year 2, the HOP increase would be 3%, and your monthly HOP Payment for the second year would increase by £33 to £1,158 per month.

 

What could I afford?

Enter your annual household earnings
£
You could buy a property valued at £333,333
You will contribute £33,333
HOP will contribute £270,000
Your HOP monthly payment in Year 1* £1,250
Your HOP monthly payment in Year 2* £1,288

*Year 1 payment is 5% of the HOP Partners’ contribution. Monthly payments then increase each year in line with inflation, using the Retail Price Index (RPI), plus 0.5%. Example in calculator uses 2.5% RPI. HOP caps these payments to never increase more than 5%, however high the inflation rate.

The calculator is indicative only. It does not factor in your individual circumstances, expenditure, property details or your credit worthiness

How is my share in value growth calculated?

  • You put in 10% of the purchase price, so on day one your share in the growth is 10%.
  • The next year you get an extra 25% from the entire home’s value growth, not just your share.
  • In following years you get an extra 2% of the growth.
  • This is all on top of your 10% share!

What is the initial value of your HOP home?

£300,000

What will be your initial contribution?

%10.00

View growth after:

Predicted property value:

£309,000

Your share of value growth

£9,000

£3,087

Find the answers to all of the most asked questions in our FAQs