Even

Loans for first time buyers

Even logo
1-20 employees
  • B2C
  • Property
  • Mortgages
  • Lending
  • Real Estate
  • Financial Services
Farringdon, London, UK

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Company mission

Even's mission is to end Generation Rent.

Our take

The number of first-time-buyers (FTBs) in the UK housing market has grown over recent years to record highs. In a sense, it’s surprising: house prices have been rising substantially over that period too, as has the level of economic uncertainty. These factors, however, were counterbalanced by government covid measures, and once they peel away this substantial FTB demand will need to be buttressed by different kinds of financial support. Which is great news for Even.

Even offers interest-free equity loans as a second-charge mortgage so that FTBs can lay down a higher deposit on their home. Even make money by splitting the increase or decrease in the property’s value at the point of loan repayment.

The company is still very much an early-stage entrant to the UK deposit-boosting equity loan market. This means it’ll be squaring up directly with the likes of Proportunity, a direct competitor that has already caused a stir and received strong coverage and funding. With the FTB growing, however, there’s plenty to play for.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Work with a team of lovely, smart, ambitious people who are all passionate about our mission
  • Generous options grant with further options awarded at reviews depending on performance
  • 4% employer pension contribution
  • Private health insurance with 50% gym discounts & more
  • 27 days holiday + bank holidays + birthday off + 2 learning days per year
  • Flexible working location and hours, you’d never be expected to spend more than 2 days a week in our Farringdon office
  • £1,000 personal development budget per year
  • Generous maternity package, 16 full weeks pay
  • Generous paternity package, 4 weeks paid paternity leave
  • Monthly team social events and regular team lunches
  • Work from abroad for up to 30 days per year
  • Qualify for 1 month paid and up to 2 months unpaid sabbatical after 4 years

Leadership

Matt Robinson

(Co-founder)

Previously an analyst with McKinsey & Company, before moving on to found GoCardless, and then co-found the real estate agency Nested.

James Turford

(Co-founder & COO)

A business analyst with McKinsey originally, who then worked as associate director at Pacific Equity Partners. Subsequently co-founded Nested.