Rezide Key features

How Rezide Works

  • Eligible homebuyers will need a minimum 5% deposit.
  • The Rezide Equity Loan will be 15% of the home’s market value. The Loan will be a minimum of £15,000 and a maximum of £100,000.
  • The remaining up to 80% of the home’s market value will be borrowed from a separate participating mortgage lender, with a repayment term no longer than 40 years.
  • All applications must be made through an FCA-authorised mortgage intermediary, who will assess affordability and provide advice.

Rezide Key Features

  • The interest rate on the Rezide Equity Loan is fixed for the full term of the loan.
  • Full repayment of the Rezide Equity Loan is due when the property is sold, or the maturity date is reached.
  • The Rezide Equity Loan can be repaid in full or in part at any time before this, without incurring early repayment charges (other fees and charges may apply), but you should seek independent advice to understand whether it is right for you to do so.
  • The amount to be repaid will be 15% of the value of the home at the time of repayment, as determined by an independent valuation, plus any applicable fees.
  • For a complete list of fees and charges consult with your FCA-authorised mortgage intermediary.
  • Applications are subject to the borrower’s financial circumstances and the borrower will be credit assessed at application.

Key Risks

  • This is a regulated second-charge loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or the Rezide Equity Loan.
  • The value of your home may rise or fall, which will affect the amount you repay on your Rezide Equity Loan.
  • The amount you owe could increase if your home’s value rises — because repayment is based on a percentage of your home’s future market value.
  • The value of your home could fall, which may affect the amount you owe and your ability to refinance or sell.
  • Full details on the Rezide Equity Loan, including costs and risks, are available from your intermediary before application.

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Regulatory Information

This website is operated, and this financial promotion is communicated and approved, by QSix LLP (company no. OC328954), which is authorised and regulated by the Financial Conduct Authority (FRN 471342). QSix LLP is a co-manufacturer of the Rezide Equity Loan.

Ahauz Finance Limited (company no. 11835452) is the lender of Rezide Equity Loans and is authorised and regulated by the Financial Conduct Authority (FRN 846554).

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