Proportunity review

Proportunity offers equity loans that allow you to add to your mortgage deposit.


Fact checked

An equity loan from Proportunity could give you the funds to apply for a mortgage with a lower loan-to-value ratio, and therefore a lower interest rate.

You can apply to borrow between 10% and 25% of your desired property’s value from Proportunity, and pay a fixed rate on this interest-only loan for the first 5 years. The capital owed at the end of the loan will be equal to the same percentage of your property’s value that you applied to borrow.

The most you can borrow from Proportunity is £90,000. You must also make a contribution to the mortgage deposit worth 5% of the property’s value yourself.

Proportunity allows you to access a mortgage lender’s best rates quicker. What’s more, due to the superior mortgage rates unlocked through a Proportunity equity loan, home ownership typically works out far cheaper.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

How does Proportunity work?

You can apply for a Proportunity loan on new-build or previously occupied properties. To be eligible, you must be aged between 21 and 68 with annual earnings of at least £30,000 (or £45,000 for joint applicants). You don’t need to be a first-time buyer, but the property must be your main residence.

The first step to applying for a Proportunity loan is to register with its website and upload details of your desired property. This will allow the lender to deem whether the property is eligible for you to borrow money against.

You have to apply for a Proportunity loan through a mortgage broker. The lender will recommend a range of partnered brokers after you register with its website, but you also have the opportunity to onboard your own choice of broker.

The mortgage broker will recommend and apply for a mortgage in principle on your behalf, then for your Proportunity loan afterwards.

The fixed rate offered on your Proportunity loan will differ depending on your financial situation and your choice of property.

How do Proportunity equity loans compare to Help To Buy equity loans?

You can apply for an equity loan from the government via its Help To Buy scheme, although the range of eligible properties is more limited with this scheme.

Help To Buy equity loans are only available on specific new-build properties within a specific price range. What’s more, it’s widely agreed that the eligible new-build homes tend to be overpriced by developers.

Of course, if your chosen property is eligible for a Help To Buy equity loan, you’re free to compare the overall cost of both options. Help To Buy loans are interest-free for the first five years, whereas you’ll begin paying interest on Proportunity loans immediately.

You can’t apply for a Help To Buy loan and a Proportunity loan.

Are Proportunity loans safe?

Proportunity is authorised and regulated by the Financial Conduct Authority (FCA), which means it is subjected to the same regulations as all financial companies in the UK.

Pros and cons of Proportunity equity loans


  • Borrow up to 25% of your property’s value (capped at £90,000).
  • Available on new-build and previously occupied homes.
  • Interest rate is fixed for five years.
  • Proportunity loans allow you to access superior mortgage rates, meaning you’ll often pay less overall for home ownership.


  • You can only apply via a mortgage broker.
  • There is no interest-free period on the loan.
  • Proportunity only lends on properties it believes will appreciate in value.

The bottom line

Proportunity provides an alternative to Help To Buy equity loans that more people will be eligible for. What’s more, it will frequently prove to be a better deal than a traditional 95% mortgage.

Frequently asked questions about Proportunity

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