Looking for a halal mortgage?
Many scholars do not view conventional mortgages as shariah-compliant because they are based on interest, or riba, and structured as debt contracts.
While many people search for a “halal mortgage” or “Islamic mortgage,” what StrideUp offers is a certified shariah-compliant alternative that avoids riba entirely. It is built on fairness and equity, so your journey to home ownership never compromises your values.
Meet StrideUp’s halal Home Purchase Plan
StrideUp’s Home Purchase Plan (HPP) is our shariah-certified alternative to a mortgage. Instead of lending with interest, we buy the home with you. You pay fair rent on the share you do not yet own, and gradually increase your ownership until the home is fully yours.
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Certified by
Mufti Faraz Adam
CEO
Amanah Advisors
“Amanah Advisors are delighted to provide shariah governance and shariah advisory support to StrideUp who have brought something unique to the Islamic home financing market in the UK.
Amanah Advisors oversees the shariah-compliance of the product and undertakes shariah audit to ensure that the shariah controls are adhered to and that there is sound shariah quality assurance.”
Amanah Advisors oversees the shariah-compliance of the product and undertakes shariah audit to ensure that the shariah controls are adhered to and that there is sound shariah quality assurance.”
Equity. Not interest.
How does StrideUp HPP work?
StrideUp’s Home Purchase Plan is built on two Islamic finance principles: diminishing musharakah (partnership) and ijara (lease). Together, they create a halal way to buy your home without interest or debt-based lending.
What’s diminishing musharakah?
A co-ownership model where you and a provider buy a property together, and you gradually purchase their share over time.
StrideUp uses this model to help you buy your home.
What’s ijarah?
Instead of charging interest, the finance provider charges rent on the share of the home you have not yet bought.
StrideUp’s monthly payments follow this model.
Finance that’s rooted in partnership.
Our Home Purchase Plan is built on fairness. Instead of lending with interest, we purchase the property with you and give you the flexibility to increase your share at your own pace.
Your home. Your way.
From day one, you and StrideUp co-own your property. Your deposit will establish your initial equity in the property. Each month you’ll make one fixed payment that will both grow your share and cover rent for StrideUp’s portion of the home.*
Over time, your ownership increases while StrideUp’s share reduces, until the home is fully yours. It is a transparent, step-by-step partnership designed to keep your journey halal and fair.
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*Your journey to full ownership depends on keeping up with monthly payments and meeting affordability requirements. As with any financial agreement, your home may be at risk if you do not keep up with payments.
How you can move from deposit to full ownership with us.
Buying a home can feel overwhelming. We keep the process simple, clear and built around you.
You bring a deposit
A minimum 10% deposit* could get you started as your equity in the home. From day one, you already own part of your property.
*Subject to status and criteria.
We buy the home with you
We buy the remaining share of the home, creating an ownership structure that removes interest and aligns with shariah principles.
You pay rent on our share
Each month you pay fair rent on the portion you do not yet own.
Your share grows over time
With every payment, your share increases. You can add more within the terms of your plan until the home is fully yours.
Ready to get started?
Halal home finance.
With real benefits to you.
Buying a home comes with lots of questions. We created these tools to offer guidance and estimates to help you plan each stage with confidence.
Rooted in faith
From structure to certification to service, every part of our process is designed to stay true to Islamic principles and values.
Built around you
Buying a home is rarely straightforward. Whether you’re applying with family, combining incomes across up to four applicants, or working for yourself as a contractor, our approach is designed to fit the way people really live today.
Quick decisions
Most people receive their Decision in Principle the same working day. On average, full applications move to offer in just over two weeks, though this depends on your circumstances and how quickly documents and third-party checks are completed.
No waiting list
We’re ready when you are. With no waiting list, you can move ahead as soon as your application is approved and your property is ready.
More highlights
At a glance
Shariah certified
Up to 90% finance-to-value
Up to 4 applicants
Multiple income types
Self-employed welcome
Zero-hours contracts
Wide range of properties
Inclusive approach
Flexible for contractors
FCA regulated
Shariah certified
Our products are certified by Amanah Advisors, an independent shariah advisory firm. Each certification is reviewed and maintained to ensure our products continue to meet Islamic principles. You can move forward with confidence knowing your home finance remains faith-aligned at every stage.
Things to think about
- Certification is reviewed regularly to ensure continued compliance.
- The shariah advisory firm operates independently to uphold standards and integrity.
- If a product changes, it is reassessed for ongoing shariah compliance.
Up to 90% finance-to-value
With up to 90% finance-to-value, you can access homes without needing a large deposit. This helps first time buyers and families move forward more quickly.
Things to think about
- Available subject to affordability, credit history, product criteria and other factors.
- Higher finance-to-value may lead to higher monthly costs.
Up to 4 applicants
Whether you are buying with a spouse, family members or friends, we make it simple to apply together. Up to four applicants can combine incomes to open up more options, making larger or more suitable homes accessible.
Things to think about
- For Home Purchase Plans, at least one applicant must intend to live in the property.
- Affordability is assessed across combined incomes, and credit checks apply to every applicant.
- Subject to status and criteria.
Multiple income types
Real life may not be one neat salary, so we take a broader view. From second jobs to pensions, benefits and allowances, we consider a wide range of income sources to give you more options.
Things to think about
- We can consider 100% of second job income where it is PAYE, and you have been in both roles for at least six months.
- Zero hour contract income can be included if you have worked in the same industry for at least 12 months and it is not the primary source of income.
- Other accepted income types may include pensions, maintenance payments and certain benefits. You’ll need to provide evidence such as recent statements or award letters. Other documents may be requested based on your personal circumstances.
- Subject to status and criteria.
Self-employed welcome
If you run your own business, you are not excluded. We welcome self-employed applicants and assess your income fairly, so freelancers, contractors and business owners have an opportunity to buy a home with StrideUp.
Things to think about
- Normally we ask for two years of accounts or SA302s.
- In some circumstances, one year of accounts may be accepted.
- Other documents may be requested based on your personal circumstances.
- Your business must be trading consistently and capable of supporting the monthly payments.
- Subject to status and criteria.
Zero-hours contracts
Working patterns look different for everyone. If your income comes from a zero-hours contract but shows stability, we may still be able to consider it.
Things to think about
- You must show at least 12 months of zero-hours income within the same industry.
- Zero-hours income can only be included as a secondary source, not the primary basis of an application.
- We will require payslips and bank statements to evidence earnings. Other documents may be requested based on your personal circumstances.
- Subject to status and criteria.
Wide range of properties
From city flats to family homes, our finance supports a variety of property types across England. This gives you the freedom to look for a home that truly fits your life.
Things to think about
- Eligible properties include freehold houses and leasehold flats.
- Restrictions may apply to new builds, high rise flats, ex local authority properties and non standard construction.
- All properties must pass valuation and survey checks.
- Subject to status and criteria.
Inclusive approach
No two journeys look the same. Whether you’re buying your first home, refinancing an existing property, or moving to your next, StrideUp’s Home Purchase Plan is designed to adapt to your circumstances and help you take the next step with confidence.
Things to think about
- Each application is assessed individually to make sure the plan is right for your situation.
- Factors such as your deposit, affordability and property type are carefully considered as part of the review.
- All applications are subject to status and criteria.
Flexible for contractors
Contracting should not close the door to home ownership. We take a flexible approach and assess your work on its merits, not just against rigid one-size-fits-all rules.
Things to think about
- First-time contracting: If your contract has less than 6 months left, we require confirmation that you have been employed for 24 months in the same line of work.
- Single contract: We need at least 3 months of contracting history and 12 months in the same industry. There must be at least 3 months left on the contract, or written confirmation of renewal if a new contract is not yet available.
- Multiple contracts: We treat this as self-employment, meaning we will ask for evidence similar to Sole Traders or Ltd Company Directors.
- Umbrella company contractors: Treated as PAYE employed. We will request your most recent P60 and 3 payslips.
- Medical professionals: Contractors working under multiple Trusts are assessed as one contract, and day rates may be considered.
- Subject to status and criteria.
FCA regulated
StrideUp is authorised and regulated by the Financial Conduct Authority (FCA). This ensures StrideUp is required to meet the UK’s standards for fairness, transparency and accountability.
Things to think about
- The FCA regulates StrideUp but does not endorse or approve individual products.
- Regulation gives you access to clear information and fair treatment under UK law.
- As with any financial agreement, you must keep up with payments to avoid arrears.
- Eligible customers benefit from protection under the Financial Services Compensation Scheme (FSCS) for regulated products.
- StrideUp’s Buy-to-Let product is not regulated by the FCA.
Explore StrideUp’s home finance rates
We believe managing your finances should be clear and transparent. Enter your property and finance details to explore today’s Home Purchase Plan rates.
What’s the property value?
£
How much is your deposit?
£
Select a fixed term
Term length
10 yrs
40 yrs
Back to overview
| Term length | Initial rate | Product fee | Estimated payment |
|---|---|---|---|
| 2 years fixed | 0% |
£1,249 | £ 0 monthlyfor first 24 months |
| 5 years fixed | 0% |
£1,249 | £ 0 monthlyfor first 60 months |
2 years fixed breakdown
Your estimated monthly payments could be £1,219.32 for the first 24 months. Our variable rate of X.XX% for the remaining XX years would require XXX monthly payments of £X,XXX.XX. The total amount payable over XX years would be £XXX,XXX.XX, which includes both the finance amount and rent, excluding any other fees or charges.
Your estimated monthly payments could be £1,219.32 for the first 24 months. Our variable rate of X.XX% for the remaining XX years would require XXX monthly payments of £X,XXX.XX. The total amount payable over XX years would be £XXX,XXX.XX, which includes both the finance amount and rent, excluding any other fees or charges.
5 years fixed breakdown
Your estimated monthly payments could be £1,219.32 for the first 24 months. Our variable rate of X.XX% for the remaining XX years would require XXX monthly payments of £X,XXX.XX. The total amount payable over XX years would be £XXX,XXX.XX, which includes both the finance amount and rent, excluding any other fees or charges.
Your estimated monthly payments could be £1,219.32 for the first 24 months. Our variable rate of X.XX% for the remaining XX years would require XXX monthly payments of £X,XXX.XX. The total amount payable over XX years would be £XXX,XXX.XX, which includes both the finance amount and rent, excluding any other fees or charges.
Subject to status and criteria.
Your rate
–
Monthly payments
–
Representative example
Compare fixed terms
Your initial rate is 0%
Your estimated monthly payments could be £1,219.32 for the first 24 months. Our variable rate of X.XX% for the remaining XX years would require XXX monthly payments of £X,XXX.XX. The total amount payable over XX years would be £XXX,XXX.XX, which includes both the finance amount and rent, excluding any other fees or charges. Subject to status and criteria.
Compare fixed terms
One-off product fee
£1,249
Finance-to-value
83.3%
Deposit
Financing
This shows how your deposit and finance could work together to cover your home’s value, as long as you meet our financing criteria.
Let’s take another look at your options
Based on the details provided, you don’t currently meet the criteria for this product. Adjust your details to try again, or speak to our team to explore what other options might work for you.
Important information
This is a representative example to help guide you. The rate and finance amount you receive will depend on a full review of your circumstances, including affordability, credit history and property details. Rates and terms are subject to change or withdrawal without notice.
How StrideUp stays true to Islamic values.
Halal home finance is about more than avoiding interest. Every part of StrideUp’s Home Purchase Plan is designed with shariah principles at its core, so your journey is always aligned to your faith.
No riba (interest)
No interest-based lending or repayments.
Asset-backed
Your plan is tied to a real and physical property, rather than abstract money trading.
No gharar (uncertainty)
Terms are clear, with no ambiguity or hidden conditions.
No combined contracts
Each agreement (sale, lease, etc.) is separated and independently valid.
Ethical use only
Funds and properties must support halal purposes.
Shariah review
Our products are regularly reviewed and certified by qualified scholars.
Already a homeowner?
Explore refinancing options with StrideUp to unlock fair and flexible home finance that works for you. Whether you’re looking to reduce your payments or move to a halal alternative, we’ll help you with confidence.
Explore refinancing
People also ask…
Here’s some of the most common questions we’re asked about our Home Purchase Plan.
How is StrideUp’s HPP different from a mortgage?
Mortgages are credit agreements built on interest. StrideUp’s HPP is equity-based, meaning your money is tied to real property ownership, not just a loan balance.
Is the rental rate just interest in disguise?
No. In a mortgage contract, interest is charged on the money that you borrow. In StrideUp’s HPP product, our rental rate is the cost of using the share of the property you do not yet own. It is a transparent rent for real use of the property, not a charge on money lent.
Who certifies that StrideUp’s HPP is halal?
Our product is certified by qualified scholars from Amanah Advisors, led by Mufti Faraz Adam. They also conduct regular audits to ensure ongoing compliance.
Can I apply with family members or friends?
Yes. Up to four applicants can apply together, combining incomes to help you access the right home for your needs.
How long does it take to get approved?
Most people receive their Decision in Principle the same working day. Full applications typically move to offer in just over two weeks, although timescales depend on your circumstances and third-party checks.
Need more help?
