Refer a builder to Renopay, earn £1,000: how it works

Today we're launching the Renopay referral scheme, and the offer is deliberately simple: refer a builder to Renopay, and when they complete five qualifying projects on Renopay, we pay you £1,000.

Not credit. Not a discount voucher. A thousand pounds, paid directly to you.

Here's everything worth knowing: how it works, why the number is what it is, and the honest small print.

Who can refer

Almost anyone. You don't need a Renopay account, you don't need to be a customer, and you don't need to be in the building trade. If you're 18 or over and live in the UK, you can refer, and there's no limit on how many builders you refer. The exceptions: Renopay's own staff and directors (and their households) can't claim a reward, and nor can a builder referring their own business.

In practice, we expect three groups to do most of the referring. Homeowners who've just finished a project with a builder they rate: yes, you can refer your own builder, though only projects they run on Renopay after registering through your link count towards their five, so a job that's already finished won't. Builders referring other builders, because builders know exactly which of their peers runs a proper business, and builders can get their own referral link too, so the scheme compounds. And the professionals who sit around renovation projects: architects, designers, surveyors, who recommend builders for a living anyway. If you're referring in a professional capacity, the sign-up form asks you to say so. It's a disclosure question, not a disqualification.

How it works, step by step

Go to renopay.co.uk/refer, enter your name and email, and you get a personal referral link instantly. Share it however you'd naturally recommend anything: WhatsApp, text, email, LinkedIn. When a builder clicks your link, we log the referral. When they register, they're attributed to you.

Then, honestly, months pass. This is the part we'd rather be upfront about than bury: nothing is payable when your builder signs up, or when they run their first project. The reward triggers when your referred builder completes five qualifying projects, meaning five projects of at least £10,000 each, each one counted when its final milestone payment is released.

When that happens, we contact you, collect your payment details (we deliberately don't ask for them before then), and pay your £1,000 within 30 days of receiving your verified payment details.

Why five projects, and why £1,000

Because the incentive is designed around one thing: builders who genuinely adopt the platform. A referral scheme that pays on sign-up rewards people for generating sign-ups. Ours rewards you for bringing us a builder who runs real projects, whose money is held securely, and who sticks around. That's the only kind of referral worth £1,000 to us. Five qualifying projects, each worth £10,000 or more, means at least £50,000 of protected work has run on the platform before a penny of reward is paid. Renopay itself has no minimum project size: the £10,000 figure is the bar for the reward, not for using the platform. The economics fund themselves, which is why we can make the number meaningful rather than token.

It also means the best builders to refer are established firms with a steady run of £10,000-plus jobs. Smaller jobs still run through Renopay, they just don't count towards the reward. If you know a builder who's tired of chasing invoices and fronting materials from their own pocket, they're precisely who this is for. They get proof of funds before starting work, and each payout is released as soon as the milestone is approved, though it can take up to a day to reach their bank. You're not asking them a favour. You're pointing them at something built to fix their biggest business problem, and getting paid for it.

The small print, in plain English

The full terms live at /refer/terms, but the parts that matter:

• The link is the referral. Attribution runs through your personal link, so make sure your builder actually uses it. If something goes wrong technically, there's a backstop: the builder can confirm in writing within 30 days that you referred them. But the link is the clean route. "I told him about you in the pub in March" is not a claim we can honour, for the same reason no scheme like this can.
• One reward per builder. A builder can be sent more than one referral link. The link they arrive through when they register is the one that counts (last touch), and only one reward is paid for any one builder.
• The scheme is capped at the first 500 rewards. Referrals themselves are unlimited, but £1,000 payouts go to the first 500 referred builders to complete their fifth qualifying project. We publish this because it's honest, and because a cap is what makes a promotion like this sustainable rather than a marketing stunt that gets quietly withdrawn. On that note: if we ever change or close the scheme, referrals already made are honoured under the terms they were made under. Your referral doesn't evaporate because the scheme evolved after you shared your link.
• Payments are made gross. The £1,000 is paid without deductions. Any tax treatment is yours to handle, and if you're referring professionally, that's between you and your accountant.

Get your link

That's the scheme. No gimmicks, a long fuse by design, and a reward that's actually worth having.

If there's a builder you'd stake your own reputation on, the one you'd recommend to your sister, get your link at renopay.co.uk/refer and send it to them today. The five-project clock only starts once they do.

Frequently asked questions

Can I refer the builder who is working on my own home?

Yes. You can refer the builder working on your own renovation, and your project may count as one of their five qualifying projects if it runs on Renopay after they register through your link, is worth £10,000 or more, and completes with its final milestone released.

When is the £1,000 referral reward paid?

The reward becomes payable when the builder you referred completes their fifth qualifying project. Renopay then contacts you by email to collect your payment details, which it does not ask for before then, and pays the £1,000 within 30 days of receiving complete and verified details.

How many builders can I refer for the £1,000 reward?

There is no limit on how many builders you can refer, but the scheme is limited to the first 500 referral rewards across all participants. Rewards are allocated in the order that referred builders complete their fifth qualifying project, and once 500 have become payable, no further rewards are paid. No more than one reward is payable for any one builder.

Is tax deducted from the £1,000 referral reward?

No. Referral rewards are paid gross, without deductions, so you are responsible for working out and paying any tax due on the reward and for making any declaration HM Revenue & Customs requires. If you receive the reward in the course of a business, you are also responsible for any VAT due. If you are unsure, take your own tax advice.