Own your first home with no deposit.
We're creating a way for first time buyers to go from renting to owning without the need to have a deposit. Interested?
Getting on the property ladder has never been harder to do, and every day it gets harder.
On average it will take you 9 years to save for a deposit!
34 years old
That's the average age of a first time buyer in the UK. That seems crazy to us.
£264,000
The average house price in the UK. In 9 years’ time a £250k house could be worth over £400k.
£58,986
The average deposit. Over the last year a £250k home has increased in value by over £25k. That's an extra £2,500 in deposit needed!
At fable we want to change that. We want to give you all that you need to own your own home. We call it accelerated home-ownership.
Made for you
Build your deposit while in your own home
Part of your normal rent goes to your deposit, plus we super-charge it by adding the majority of of the increase in value of the property.
Make it your own
This is your home. You can make whatever non-structural change you want whilst you rent it from us. Paint the walls, improve the kitchen, turf the garden... it's your home!
Support all the way
It's a big commitment buying your first home. so we're committed to helping you get there and most importantly making sure it works for you. From handling the whole buying process, to getting you mortgage ready, we're with you all the way.
Accelerate home-ownership
Estimate how long it would take to save for a 10% deposit, on your own or with Fable:
With Fable
4
years to home ownership
Savings with Fable per year: £10,968
For illustration purposes only
Assumptions:
Annual house price increase
3.5%
Deposit target
10%
See assumptions
With Fable
4
years to home ownership
Savings + Fable: £10,968
See the calculations
Assumptions:
Annual house price increase
3.5%
Deposit target
10%