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Milestone escrow for UK renovations

Nottingham Builder Payment Protection

Nottingham builders: eliminate payment uncertainty. Renopay secures homeowner funds in escrow and pays you as each milestone is verified complete.

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

Nottingham’s renovation market offers builders a strong pipeline of domestic work. Victorian and Edwardian terraces in Sherwood, Mapperley, and West Bridgford generate a constant stream of refurbishment and extension projects. Family homes in Wollaton, Beeston, and the wider suburban ring are adding space and value through loft conversions, rear extensions, and garden rooms. Typical project values range from £25,000–£50,000 for a terraced-house refurbishment to £70,000–£130,000 for larger extensions and whole-house renovations. The city offers good renovation value by Midlands standards, which keeps demand consistent – but for builders, the payment side of the equation does not always match the production side.

Nottingham’s builder market is active and competitive, which gives homeowners options – and leverage. Deposit requests face pushback, stage payments follow informal timelines, and the homeowner who received four quotes before choosing you knows they have alternatives if the relationship sours. This competitive dynamic means builders often accept looser payment terms than they would like, simply to win the work. Once on site, the consequences play out predictably: you fund material orders from week one, your subcontractors expect payment at their usual intervals, and the homeowner’s stage payments arrive when the homeowner decides they should – often one or two weeks after the work that triggered them was completed.

Renopay converts that one-to-two-week lag into same-stage payment. Your client’s full renovation budget goes into a safeguarded escrow account before the project starts. You see proof of funds on your dashboard from day one. Milestones are agreed in writing and tied to specific construction stages. As you complete each stage, the homeowner reviews, approves, and funds release. The lag disappears because the money is already there – it is just waiting for your milestone to be confirmed. For Nottingham builders operating on competitive margins, that cash-flow improvement is the difference between a profitable year and a stressful one. See how your project types score on payment risk with the risk checker, and our guide on turning down profitable work offers a practical framework for evaluating whether a project’s terms are worth your commitment.

Homeowners in Nottingham can learn how Renopay protects their renovation budget on our Nottingham 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
Renopay

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