Move in today.
Buy after two years.
Five brand-new homes at Broadnook Garden village, Leicestershire. Interest free, as it should be.
The wait was the problem. It’s now the solution.
You are saving with Pfida because you want to own a home without interest. But while you save, every month of rent builds nothing. This plan turns the years before you buy into years of living in the home you will buy.
Choose your home
Pick from five brand new, energy efficient Vistry homes at Broadnook Garden Village, 15 minutes from the centre of Leicester: three 3 beds and two 2 beds.
Pass the checks
Affordability checks will be carried out. Your fixed rent must sit within 40% of your gross household income.
Our housing partner carries out their own separate checks.
Move in now
Move into your chosen home and pay rent while saving for your downpayment.
Your investment keeps growing
Your Pfida investment stays in your account at the published expected rate, building towards your Pfida home finance.
Buy your home
When you have saved your downpayment and earned your Community Points, you can buy the home you have already made yours.
Missed the webinar? Watch the recording here!
Want to understand this opportunity in a little more detail? Watch the webinar recording in your own time to hear the Pfida founders, Raza Ullah and Salman Hasan, and our housing partner, as they talk you through how it works, the homes available and the next steps, and a Q&A session of the questions our attendees asked live.
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Rent you were paying anyway, back in your Pfida account
Take The Rowan, a three bedroom home. Instead of waiting on Pfida’s standard timeline to build your deposit, you move in now and keep building your Pfida investment in parallel. Time that would otherwise be spent waiting becomes time spent living in the home you’re working towards.
Broadnook Garden Village
Leicestershire’s first garden village, set between Birstall and Rothley, around five to six miles north of Leicester city centre. Broadnook is being built around the idea that the things you need day to day should be close to home, with a nursery, primary school, shops, sports facilities, cafés and community spaces all planned within the village.
A new High Street will sit within walking distance of the homes, while Broadnook Court is planned as a lively community hub with a visitor centre, coffee shop and community hall. And with more than half of the 460-acre site dedicated to parkland, sports pitches and green space, there is plenty of room to enjoy the outdoors too.
Five homes in this first release.
All five are complete and ready to move into now. Allocated in order of completed application.
The Rowan
The Hawthorne
Asked and answered
What happens to my Pfida investment?
Nothing changes. Your investment stays in your Pfida account throughout, at the published expected rate, building towards your Pfida home finance exactly as they do today. You will need to continue building your community points to ensure you meet Pfida’s eligibility criteria for purchasing the property at the end of the rental term.
What price do I buy at?
The open market value at the point of purchase, subject to a minimum sale price agreed at the start of your plan. If values rise, your refund rises too, but so does the purchase price. You will always be shown both sides of this before you sign anything.
Who is eligible?
Pfida savers who are currently renting and pass the affordability checks: your fixed rent must sit within 40% of your gross household income. Adverse credit can sometimes be considered.
Passing this check confirms you meet our criteria for referral — it does not guarantee acceptance onto the plan. Our housing partner carries out their own separate affordability and due diligence checks before you move in.
Who actually owns the home while I rent it?
The Housing provider we’re working with owns the home and you occupy it under an occupation agreement, with a contractual right to the refund. Your interest is noted at the Land Registry, and your tenancy deposit is protected in a government approved scheme. You take ownership when you complete the purchase through Pfida at the end of the plan.
Register your interest
Registering does not commit you to anything. Complete the form below and the Pfida team will review your details and contact you about the next steps.
