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Homely partners with Valuedynamx to empower future homeowners with cash rewards

Insights 08 August 2024
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Homely users can now earn "HomelyBricks” rewards to cover home purchase fees via everyday spending within Valuedynamx’s robust network of 5000+ retailers and brands 

Homely has today announced a key strategic partnership with Valuedynamx, to leverage their world-class rewards technology for Homely’s free-to-use home buying platform that helps members to become mortgage and home ready.

Homely offers tools, resources, and rewards to help aspirational homeowners set personalized plans and goals for buying a home. This includes enhancing credit scores by reporting rental payments and providing smart savings recommendations to build a deposit. Now, through its partnership with Valuedynamx, Homely users can earn HomelyBricks rewards via their everyday shopping that can be saved to cover the future fees associated with buying a home, including legal fees, insurance, utilities, furniture, and more.

Homely users can earn HomelyBricks through their everyday spending by joining the ‘Bricks Club’ via subscription as well as other initiatives. Bricks build up into ‘Home Buying Packs’ that include redemption options such as survey, insurance, energy bills or conveyancing. Family and friends can also earn HomelyBricks through affiliate offers on the Homely app to support loved ones on their home-buying journeys.

Valuedynamx provides Homely with the technology and scale to reach the majority of the UK market, whilst providing future infrastructure in international markets.

Homely CTO, Paul Birkin commented: “Valuedynamx provides Homely with a huge market reach and scalability for our HomelyBricks reward system. The partnership shows a serious dedication towards supporting people who aspire to become homeowners and those wishing to climb the property ladder, providing hope & positivity in market where things have become a lot tougher.”

Valuedynamx Managing Director, James Berry added: “Partnering with Homely allows Valuedynamx to help today’s consumers realize the most value from their everyday spend. With the affordability crisis faced by aspiring homebuyers, in the UK and across the world, we’re delighted to be a part of this unique offering by providing Homely users the option to save toward their future home purchases with customized rewards from the places they shop most.”

Interested home buyers can pre-sign up for Homely on homely.co.uk, with the platform expected to formally launch in mid-2024. Some lucky early sign-ups will have access to Homely’s private beta.