We have a very long waiting list for our home finance - the wait is approximately 5 years for our public waiting list.
Customers on the public waiting list that wait for their turn to come up, and who have not invested in a Grow Your Savings (GYS) account with us, will receive our standard rental rates. You can find out more about standard rates here.
Pfida Tip: You will need to register to join the public waiting list and complete your finance requirements, as this can impact your waiting list position. You can complete the form here.
If you haven’t invested with us, your position on the waiting list could change as we prioritise purchasing homes for our GYS account holders. Read below to find out more.
Priority waiting list for Grow Your Savings (GYS) account holders
Investing your money in a GYS account will boost your position on our waiting priority. This is because we are keen to support anybody who is supporting our growth and vision first and foremost. Our GYS accounts exist to help you Grow Your Savings through fair and ethical returns and at the same time your funds help others whilst you wait. When the time comes for you to purchase your own property, your GYS funds are automatically applied towards your initial equity (deposit). We consider it a win-win situation, what do you think? Click here to find out how our GYS accounts work.
As you are helping others purchase their homes whilst you Grow Your Savings and wait for your turn on the list, we want to reward you. We do this by offering the following to our GYS account holders:
Priority position on waiting list
The table below shows how long you can expect to wait on the priority waiting list, depending on your finance requirements and your investment amount.
The table below shows how long you can expect to wait on the priority waiting list, depending on your finance requirements, your investment amount, and your referral credit*. Please note, these are estimates and not guaranteed.
Investment amount/waiting list credit
Finance required up to £200k
Finance required between £200k - £400k
Up to 6 months
1 - 1.5 years
£30,000 - £49,999
Up to 9 months
1.5 - 2 years
£10,000 - £29,999
Up to 3 years
3 - 4 years
£5,000 - £9,999
Up to 4 years
4 - 5 years
*If you have £10,000 investment and have accumulated 15,000 credits, your wait time will fall under the '£10,000 - £29,999' tier, as you have totalled the equivalent of £25,000 worth of investment.