The halal way to refinance your home.
Whether you’re with a conventional lender or another provider, StrideUp makes it simple to move to a shariah-compliant Home Purchase Plan that reflects your values and your goals.
Why refinance your property with StrideUp?
Refinancing shouldn’t feel complicated or uncertain. StrideUp brings together technology and faith to make switching to halal home finance simple, fast and transparent.
Competitive rates
Fast offers
Equity potential
More options
Shariah-compliant
*Your actual finance amount and timescales may vary depending on your individual circumstances.
Thinking about refinancing?
See what your home finance could look like with StrideUp. Use our calculator to explore your monthly payments and discover how a halal Home Purchase Plan could work for you.
What’s the current property value?
£
How much finance is outstanding?
£
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.
Who our refinance product is for
Refinancing looks different for everyone. Some people want to move away from interest-based lending, while others are looking for an ethical option. We’re here to make both journeys possible.
Who can refinance with StrideUp?
You can refinance with StrideUp if:
- You currently have a mortgage or Home Purchase Plan
- You want to release equity or raise funds from your current property
- The property is in England
- You’re refinancing a home you live in yourself
- You meet our affordability and eligibility criteria
Not sure where you fit in? Our team can walk you through your options and confirm your eligibility before you apply.
Refinancing a rental property
If you’re looking to refinance your rental property, you can book an appointment with our specialist here.
StrideUp’s buy-to-let products are not regulated by the Financial Conduct Authority (FCA).
Book a call
How refinancing with StrideUp works.
We’ve made the process straightforward from the start, with real support at every step.
Get started with a DIP
Tell us a little about your property and current finance situation. Our online form only takes a few minutes to complete.*
*Subject to status and criteria.
Get your offer
Once we’ve reviewed your information, most customers receive an offer in just over two weeks* on average. Our team is on hand throughout to answer questions and keep things moving.
*Your actual finance amount and timescales may vary
depending on your individual circumstances.
Complete your refinance
We’ll work with both yours and our solicitor to finalise the process and transfer your existing finance across to StrideUp.
Move forward with confidence
You’re now set up with a finance plan that fits your values and supports your goals for the future.
Ready to refinance?
People also ask…
Here’s some of the most common questions we’re asked about refinancing with StrideUp.
Is refinancing the same as switching finance plans?
Refinancing means replacing your current home finance with a new plan. Many people refinance when their term ends, their property value rises, or when they want to move from interest-based lending to something halal. Switching may sometimes refer to product switches, this is not the same as refinancing.
Can I refinance from a conventional mortgage to StrideUp?
Yes, absolutely. Many of our customers start with a conventional mortgage and have successfully refinanced to a Home Purchase Plan that aligns with their faith. StrideUp makes that transition simple and transparent from start to finish.
Can I refinance to StrideUp from another Islamic provider?
Yes. If you already have a Home Purchase Plan elsewhere, you can transfer it to StrideUp. Many people choose to refinance because of our digital journey, excellent service, or faster turnaround times.
How long does refinancing take?
On average, most customers receive their offer in just over two weeks after applying, but this is depending on your personal financial situation. Completion times depend on your solicitor and property type, but we’ll keep you updated at every stage so you always know where things stand.
Do I need a solicitor to refinance?
Yes, a solicitor is always required to handle the legal part of transferring your property. You can use your own, or you can choose one of our trusted partners for a potentially faster turnaround.
Is shariah-compliant refinance right for me?
Whether you already have a Home Purchase Plan or you’re currently paying interest on a traditional mortgage, you may be able to refinance with StrideUp. Our aim is to help more people move towards a home finance option that feels right, one that’s transparent, fair and rooted in faith.
How is a Home Purchase Plan different from a conventional mortgage?
Home Purchase Plans are often referred to as halal mortgages or even Islamic mortgages, but in fact, they are not mortgages at all. Unlike a mortgage, you do not borrow money with interest. Instead, a Home Purchase Plan is a shariah-compliant co-ownership agreement, where you and StrideUp buy the property together. You gradually buy our share of the property and pay rent on the part you do not yet own.
Need more help?
