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Even's mission is to end Generation Rent.
30% female employees
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
Company Specialist at Welcome to the Jungle
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.
Sophie Earles-Barrett (HR Manager)
All
Challenging work (1)
My opinions are valued (1)
Innovative product (1)
Getting a brand new financial product launched into a competitive well-established market is a wonderful challenge. What makes it more rewarding is the overwhelmingly positive reaction people give to the Even loan and the problem we're solving.
Sales & Account Management
Challenging work
Jun 2022
The Even equity loan is completely unique in the market. The problem it solves is enormous - talk to any of your friends and family who are currently stuck renting and struggling to save for a deposit; you know they're not there because they want to be. We can help hundreds of thousands of people in that same situation.
Sales & Account Management
Innovative product
Jun 2022
As a young fast-growing company with a small team, you can have a real impact on the business not only through your day-to-day work but also with wider opinions and ideas for the future. Being invited to have ideas are great, but when the management is open to different opinions and you can then see changes as a result you know they're truly valued.
Sales & Account Management
My opinions are valued
Jun 2022