For those struggling to get on the housing ladder, Wayhome offers a new path: homeownership without a mortgage. The company, which allows individuals to buy a home worth up to eight times their income with only a 5% deposit, has just closed a $10.0M Series A funding round.
Wayhome's model also opens up owner-occupied residential property as an asset class for pension funds, which earn inflation-linked rent on the portion the occupier doesn't own. This dual benefit aims to provide capital for aspiring homeowners while offering a stable return for investors.
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