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How to buy a house mortgage-free

Buying a house is a dream for many, but it can also seem like an unattainable one. With the economy taking a tumble, a mortgage has become harder to obtain, and monthly payments have rocketed since the government’s mini-budget. 

Fortunately, there is still hope for those looking to own their home – mortgage free! This article explores how you can buy a house without needing a mortgage.

We’ll look at different types of mortgages and financing alternatives to a mortgage to buy a home. So, if you’re keen to take the plunge and call a place your own without any debt attached, read on!

What are some of the different types of mortgages? 

There are many different types of mortgages available to homebuyers. The most common type of mortgage is a fixed-rate mortgage, which offers a set interest rate for a number of years—typically two-year or five-year fixed-rate mortgages.  

Tracker mortgages are another popular option, on which rates are variable following the Bank of England base rate plus a percentage. 

Choosing a fixed or variable-rate mortgage depends on the home buyers’ income expectations and preferences, such as knowing the exact payment each month. 

What are some financing alternatives to a mortgage? 

There are a few financing alternatives to a mortgage for buying a house. One option is to pay cash for the entire purchase price of the home. This is often only feasible for some people, but it is an option to consider if you have the funds available. Another financing alternative is to obtain a home equity loan used with a down payment on the home to help cover the remaining purchase price cost.  

One more possibility is to work with a real estate agent or broker who might help you find other financing options available in your area. 

How CrowdToLive® is helping home buyers to buy their homes interest-free and debt-free. 

CrowdToLive® is an FCA (Financial Conduct Authority) regulated online platform that helps home buyers to buy their homes interest-free and debt-free. The platform connects home buyers with investors willing to fund the purchase cost of their ideal home.  

Residential property investors finance up to £500,000 of the total purchase price. This means home buyers can avoid taking on debt and paying interest on their mortgage. 

The innovative Part Own-Part Rent finance scheme allows home buyers to own a fraction of the property they can afford today. They only pay rent for the percentage they don’t own. Every three months, they can choose to buy more of the property.

Key benefits of buying a house with the help of CrowdToLive® 

Debt-Free Scheme

Our investors finance up to £500,000 of the purchase price, so there’s no debt because the house is 100% paid.  


While lenders tighten their stress tests, we require a good credit score, and the rent doesn’t exceed 33% of your income. The more of the house you own, the less rent you pay. 

Interest-Free Scheme

Unlike a mortgage, there is no obligation to repay the cost of the house (plus interest) over time. Instead, you pay rent to the investors on the share you don’t own. 


It’s challenging for first-time buyers to save for a deposit large enough to qualify for a mortgage. Our financing scheme requires a 5% deposit. 

Flexible ownership

You can own any percentage of the house that you can afford above 5% initial ownership. Increase your ownership only if you want to; you can staircase every three months.  

Customer Service

Buying a home is always stressful, but we are here to help you navigate the process every step of the way.  

Due diligence

We conduct house surveys with valuation to protect home buyers from overpaying and prevent them from moving into a property with significant issues. We also do an affordability check to ensure home buyers can pay for the rent as they climb. 

The CrowdToLive® platform has helped several home buyers to buy their homes without taking on any debt. The platform is open to anyone looking to buy a home in England and Wales. As it grows, it could help many more people become homeowners without needing a mortgage. 

If you want to learn more about how CrowdToLive® can help you finance your new home, book a call with one of our team members. 

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