There’s no place like your own

Homely enables you to rent your new home today, and buy it later.

Here’s how it works. Say you find a home for sale at €350,000. Homely buys it and rents it to you for up to five years. You pay a one time setup fee of €10,000, and a monthly rent of say €2,000, with small agreed increases each year.

Alongside your rent, you also pay about €500 per month for the right to buy your home at the end of the term.

When the time comes to buy, you’ll unlock two powerful purchase price discounts:

• Up to 20% of everything you’ve paid monthly and 
• Up to 20% of the increase in your home’s value over the lease period.

At the end of your programme term, the final purchase price (i.e. the market value) is defined by your mortgage provider’s valuation surveyor, not by us, ensuring everything is fair, transparent and based on true market value at that point in time.

Together, these two discounts could add up to a saving of 8 to 12% off the final valuation, which can effectively count toward your mortgage deposit.

Take a look at how this works now with our easy to use Budget Calculator Tool. 

Homely was created to help people who can afford rent but can’t yet access a mortgage. You will receive secure, long-term tenancy rights, combined with the right to buy your home at the end – and the time and support to get mortgage-ready. You’ll build value through rent discounts, get time to improve your credit, and work with us and our mortgage partners to prepare for ownership.

Homely (and our property partners) focus on good-quality homes in well-connected communities across Ireland.

Our typical homes include:

• 2, 3 and 4-bedroom family houses and duplexes in cities or commuter towns
• Modern apartments or newly refurbished homes in areas close to schools, transport, and local amenities

We’re currently active in Dublin, Meath, Kildare, Limerick, and Laois, and are expanding nationwide as new development partnerships come online.

If you already have a new or secondhand home in mind, just share it with us – we’ll assess if it fits the Homely model.

What if I don’t want to buy at the end?

That’s completely fine. You can:

• Walk away at the end of your programme with no penalties
• Request to extend your tenancy if you’re not quite mortgage-ready
• Talk to us about moving to another Homely home if your needs change

You can also leave mid-term with standard notice (usually two or three months). We’ll always try to work with you to find a fair solution.

Homely is for people who can afford rent but haven’t been able to get a mortgage yet. Our customers are typically between 22 and 45, earning a stable income, but without a large deposit or family help. You might be an employee, freelancer, or small business owner. What matters is that you can afford monthly rent and want a path to home ownership.

It’s simple. Apply Now here. We’ll review your details, arrange a quick call to explain the process, and guide you through what’s needed. Once approved, we’ll start looking for your Homely home – or work to purchase one you’ve found.

The rent you pay is simply the market rent for that property, which is registered with the Residential Tenancies Board annually.

You can leave with no penalties. If you’re close to being mortgage-ready, we can look at extending your lease or exploring other options to help you stay on track.