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Milestone escrow for UK renovations

Get Paid on Time in Norwich

Norwich builders: secure your payments before you start. Renopay holds homeowner funds in escrow and releases them as each project stage is approved.

Escrow that keeps every renovation pound protected and released only on verified milestones.

Milestone control

You verify the work is complete. Funds are released instantly upon approval.

Regulated safeguarding

Funds are ring-fenced in an FCA-authorised escrow vault (OPP) until needed.

Instant builder payouts

No chasing invoices. Approved funds land in the builder’s account in seconds.

Dispute? Your milestone stays protected.

If you disagree on a milestone, the funds pause in escrow while you resolve it via your dashboard. If you can’t agree, you can request an independent RICS expert assessment, and Renopay distributes the milestone accordingly.

How disputes work →
For homeownersSecure Your Project
For buildersGet Paid Instantly

Norwich’s residential renovation market serves a city with a rich architectural heritage and a steady appetite for property improvement. Builders working across the Golden Triangle, Unthank Road corridor, and Eaton are delivering period-property restorations, rear extensions, and energy upgrades on Victorian and Edwardian homes. The city’s conservation areas – covering significant portions of the urban core – add planning complexity to many projects, requiring builders with experience navigating listed-building and conservation-area consent processes. Project values typically range from £30,000–£60,000 for internal refurbishments to £45,000–£85,000 when extensions are included.

Norwich’s relatively small construction market creates a double-edged dynamic for builders. On one hand, competition is less intense than in major metropolitan areas, and your reputation is your strongest asset. On the other, the client pool is smaller, which means each project matters more – and losing money on a single job has a proportionally larger impact on your annual turnover. Payment practices in the Norwich market remain largely informal, with homeowners paying by bank transfer at intervals that suit them rather than matching your cash-flow needs. Because the local market is relationship-driven, builders are often reluctant to push hard on payment terms for fear of damaging their reputation. The result is a polite but financially disadvantageous pattern: you do the work, you wait, you chase gently, you wait some more.

Renopay replaces the gentle chase with a structured system. Your client’s full renovation budget is deposited into a safeguarded escrow account before you start work. Milestones are agreed upfront and documented – not left to verbal understanding. As you complete each stage, the homeowner approves and funds release. The system does the chasing for you: it is a neutral mechanism that both parties agreed to, removing the awkwardness of requesting payment. For Norwich builders whose livelihoods depend on reputation, Renopay lets you get paid on time without having a difficult conversation. Evaluate your project’s payment risk with the risk checker, and read our guide on turning down profitable work for a realistic look at how payment terms should influence your project decisions.

Homeowners in Norwich can learn how Renopay protects their renovation budget on our Norwich homeowner page.

For Builders

Get paid faster. Work without chasing.

No more ghosting, invoicing marathons, or guessing if the money is there. Renopay keeps every job funded and every payout immediate.

See the money first
Stop guessing if the client has the budget. You can see the cash in the secure escrow account before you buy a single brick.
Instant cash release
No more "I'll pay you next week." The moment the homeowner clicks approve, the funds move instantly to your account.
Neutral dispute protection
We don’t just side with the client. Independent inspections ensure you get paid for the work you have done, even if the relationship sours.
Automated paper trail
Every milestone, approval, and release is logged so you always have the paper trail.
Renopay builder dashboard showing active projects, milestones, and escrow balances

Built for the site, not just the office.

Manage milestones, check funds, and request payouts from your phone. Whether you're in the van or on the scaffolding, your cash flow is always in your pocket.

  • Mobile-first dashboard
  • No paperwork to print
  • Instant notifications

Simple, pay-as-you-go pricing

No monthly subscriptions. You only pay when you get paid.

Transaction Fee

1%

  • Per milestone payout
  • Capped at £1k/milestone
  • Tax deductible
Get Early Access

Monthly Cost

£0

  • Unlimited active jobs
  • Unlimited team members
Join Waitlist

Onboarding Fee

£0

  • Instant verification
  • Free dispute protection
Join Waitlist

Build trust before you break ground

Disputes often start with unclear payment terms. Use our free Risk Checker to generate a fair, balanced payment schedule that you can attach to any contract.

Launch Risk CheckerLearn more →
Average amount currently owed to UK tradespeople in late payments.
£6,200+
Of tradespeople are currently chasing at least one overdue invoice right now.
81%
Lost annually by UK small businesses due to bad debt and unpaid invoices.
£2.5bn
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