What is a First Step Circle?
Watch Matthew Addison (founder at StepLadder) and Lucy Mullins (Co-Founder at StepLadder) explain the answers to our top most common questions.
A First Step Circle allows those of us who aren’t quite ready to make a larger financial commitment, to experience being part of a circle, get to know the team here at StepLadder and getting in to the habit of putting money aside each month.
Here are three great reasons to joins First Step Circle –
1. Improve your credit score:
Making regular monthly payments to StepLadder could help improve your credit score as we report all activity to the credit bureau. Improving your credit score will improve your chance of getting a mortgage and can lower the cost you pay to borrow money.
2. Gain discipline and practice in regularly putting money away:
Research has shown that saving in groups more than triples your success rate! And if you practice with a small monthly amount like £25, when you’re ready to start saving more, you’ll already be in the habit when you have more money to put aside each month.
3. Gain support from StepLadder:
As a member of StepLadder, you can benefit from being part of a community of people all dedicated to helping you get on the property ladder.
To find out more about how StepLadder could help you raise your property deposit!