Frequently asked questions

You could be eligible for an Ahauz equity loan, if:

  • The property you intend to buy will be occupied by you as your main residence
  • You pass our affordability and credit checks
  • You will be contributing at least 5% of the property value as a deposit
  • You will be 24 or older at the commencement date of the loan, and no older than 70 at the end of the loan term
  • You have a minimum household income of £35,000
  • You have the right to reside in the UK and have 3 years of UK address history

Ahauz could lend you between £15,000 and £100,000.

The property must:

  • Be a residential home in mainland England or Wales*
  • Be valued at more than £100,000

*Postcode restrictions may apply.

The property cannot be:

  • A property that you will not occupy, such as a House of Multiple Occupancy (HMO), Holiday Let or Buy to Let (BTL), or used for any commercial purposes
  • A mobile home, houseboat, freehold flat, or a flat above commercial premises (such as a shop)
  • A leasehold property with less than 30 years of unexpired term remaining at the end of the mortgage term
  • Purchased in conjunction with a Right to Buy or Shared Ownership scheme

Using an Ahauz equity loan could help you boost your overall budget, or help you overcome an affordability gap in a similar way to the Government’s Help to Buy Scheme. Except, it is not limited to just new builds or first-time buyers.

  • You need to put in a minimum of 5% of the property value
  • Ahauz could boost your deposit by an additional 25% - up to £100k*
  • You use this combined deposit to get a mortgage from a bank
  • In exchange for our boost, we share in the rise or fall of the property price.

You pay monthly interest payments to Ahauz**, and at the end of the term or when you want to repay, we base our valuation on an independent third-party valuation.

If you want to repay part or all the loan during the fixed term – there might be Early Repayment Charges.

Lending is secured against your home. We place a second charge on your property (what is a second charge), but you own 100% of the property, this is not a shared ownership scheme.

To find out more, or to arrange to be contacted by one of our team, complete the enquiry form here:

*Subject to terms, conditions, and eligibility criteria. These figures are for illustrative purposes only and your mortgage broker will assess the total lending amount available to you based on your circumstances.

**Monthly interest payments do not repay the principal, you will need to ensure that you have a plan in place to repay the loan at the end of the term.

Your first charge mortgage must:

  • Have a loan-to-value ratio of a maximum of 85%
  • Be a repayment mortgage (the first charge mortgage cannot be an interest-only mortgage)
  • Depending on the product you choose, a product fee may be payable to Ahauz before completion of your property purchase
  • You’ll be required to pay a £35 fee to cover the cost of sending the loan amount to purchase your property
  • Full details of any fees and charges will be provided by your independent mortgage broker during the process of assessing your suitability for the product
  • Our loan is interest-only, this means your monthly payments will be paying the interest on the Ahauz equity loan
  • Your monthly payments to Ahauz do not pay off any of the loan itself. But you can choose to pay all or part of it off at any time
  • When you repay your equity loan in part or in full, the amount you pay is worked out as the balance you are seeking to repay, plus a share of the increase or decrease in the value of the property
  • You will also have to pay separately to your first charge lender each month

Assumptions in this example:

  • Value of a property at the start of the term: £200,000
  • Equity loan granted by Ahauz: £30,000 (representing 15% of the property value)

If the value of the property increases by £10,000 during the term, the total loan amount to be repaid by you would be:

  • The £30,000 borrowed in full
  • Plus £1,500, the share of the increase in the value of the property calculated as 15% of the £10,000 increase in the property’s value during the term
  • Total Repayable: £31,500

If the value of the property decreases by £10,000 during the term, the total loan amount to be repaid by you would be the following:

  • The £30,000 borrowed in full
  • Minus £1,500, the share of the decrease in the value of the property calculated as 15% of the £10,000 decrease in the property’s value during the term
  • Total Repayable: £28,500

These representative examples do not include any interest repayable during the term of the loan.

It’s important that you seek independent advice on the suitability of this product to meet your needs as Ahauz does not provide advice. You may get in touch with us directly for more information and to be introduced to our network of broker partners. If you already have a mortgage broker, please ask them to contact Ahauz on your behalf.

We will need the following information on the property you intend to buy:

  • A valuation by a RICS qualified surveyor (the Royal Institution of Chartered Surveyors, or RICS, is the governing body for surveyors) or a copy of your first charge mortgage offer
  • Your solicitor’s legal report on the property’s title
  • We might have a few extra questions along the way, but these should be easily answered by your solicitor

Whenever you want. All you will need to arrange is a property valuation according to our Mortgage Terms and Conditions so we can calculate the loan amount repayable. Please note that Early Repayment Charges (ERC’s) might apply depending on which product you have chosen and when you choose to repay.

You can pay us back at any point during the term of the loan. Here’s how it works:

  • First, you will need to arrange a valuation by a RICS qualified surveyor and provide us with the valuation report
  • We have a process in place in case we don’t agree on the valuation (this is detailed in full in our Mortgage Terms and Conditions)
  • The amount you will need to repay, including our share of the increase or decrease in the value of the property will be calculated based on the greater of the valuation or sale price (if you are repaying following the sale of the property), plus any Early Repayments Charges, if applicable (see above)
  • Once you have repaid, we will provide you with a statement indicating the loan has been fully paid and our charge on the property will be removed

Yes, you can pay back any portion of the original amount we lent you. The outstanding balance will be reduced by the proportion of the loan you pay off. For example, if you want to repay 20% of the total amount owed then:

  • Firstly, you will need to arrange a valuation. The share of the increase or decrease in the property value corresponding to the 20% you want to repay will be calculated based on that valuation
  • You will then pay us 20% of the amount lent to you, plus the corresponding share of the increase or decrease in the value of the property and any Early Repayment Charges, if applicable (see above)
  • After your payment, the amount that you owe us and the monthly interest you pay will be recalculated immediately, benefiting you straightaway

No, you retain 100% ownership of the property. We simply place a Second Charge on the property – more information can be found here: Second charge or second mortgages (

It’s your property and therefore you are responsible for all the costs, including, but not limited to:

  • Your first charge mortgage payments
  • Any improvements or repairs necessary
  • Surveyors’ fees
  • Estate agent’s fees
  • Buildings insurance(you must have a satisfactory policy in place at all times)
  • Water, electricity, internet, gas, council tax, etc
  • You must notify Ahauz of any structural renovations or additions you plan, e.g. extensions, changes or additions to outbuildings
  • All renovations and additions must have the necessary planning permission and adhere to building’s regulations
  • You will be responsible for all costs associated with the renovation and additions
  • At the point of repayment, we will exclude the cost of any additions or improvements (other than decorative improvements) from the value of the property to calculate the share of the increase or decrease in the value of the property
  • In the example above, if the property increases in value by £10,000 but you spent £4,000 in the renovation, the share in the increase in value of the property will be calculated based on a value increase of £6,000

We understand that your situation may change, and things can go wrong. We are always here to help our borrowers and in such situations, we will work with you to find an appropriate solution.