Articles on: For Homebuyers

Homebuyers > Building Up Your Deposit

At PublicSquare, we help you build up a deposit to buy your home by paying an upfront Kickstarter then weekly contributions.

Your kickstarter is 3% of the home price, while your weekly contributions, paid on top of your weekly rent are calculated as 50% of the rental price.

The total of these accrue into your deposit, which you can use in full when you're ready to buy the home.

We aim to help you accumulate a purchase offset amount of at least 10-15% of the home's final purchase price before the end of your 7 year lease. You can also bolster this amount using your own personal savings or cash gifts you get from friends and family.

For a complete picture of the deposit you can accrue with PublicSquare, we recommend checking out our calculator

Updated on: 26/11/2023

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