Demo home
The opportunity

Help first-time buyers build their deposit faster — and turn disciplined savers into UTB mortgages.

The deposit is the wall most first-time buyers can't climb. Shared Effort gives them a goal-based savings circle — a social accountability engine that keeps them paying in, on time, month after month.

Every contribution is the member's own money, pooled into FSCS-protected UTB accounts. At deposit-ready, members convert straight into UTB first-time-buyer mortgage applicants.

95% LTV
FTB mortgages at handoff
FSCS
Protected UTB accounts
0
Credit risk to UTB

Why this beats the incumbent

The incumbent's rotating circle pays early members with money borrowed from later ones. That single design choice forces P2P classification — and breaks everything downstream. Removing rotation fixes it.

Incumbent
Rotating P2P
Shared Effort
Goal-based
Early payout = borrowed money?
Incumbent
Yes
Shared Effort
No — always own savings
Regulatory weight
Incumbent
P2P / credit (heavy)
Shared Effort
Deposit-taking (light)
FSCS protection
Incumbent
Not covered
Shared Effort
Protected
Mortgage-eligible payout
Incumbent
Rejected by lenders
Shared Effort
Yes — usable as deposit
Default risk after payout
Incumbent
Yes
Shared Effort
None

Three benefits to UTB

Deposits

A channel of engaged, habitual savers parking funds in UTB accounts.

Pre-qualified origination

First-time buyers who've just proven months of on-time, disciplined saving.

Proprietary repayment data

Longitudinal on-time-payment records that strengthen underwriting for the thin-file, underserved segment.

Open questions to work through together

  • Regulatory structure (Appointed Representative vs own FCA permissions)
  • Fund safeguarding & flow of funds
  • Default management
  • Deposit-eligibility confirmation

See it in action

Walk the member journey, then see what lands on UTB's side of the partnership.