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Milestone escrow for UK renovations

Get Paid on Time in Southampton

Southampton builders: secure your cash flow. Renopay holds client funds in escrow and releases payment to you as each project milestone is completed.

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

Southampton's residential renovation market serves a diverse housing stock across the city and surrounding Hampshire suburbs. Builders are delivering terraced-house refurbishments in Portswood and Freemantle, rear extensions on inter-war semis in Bitterne and Bassett, and high-spec modernisations on detached properties in Chilworth and the Bassett Avenue corridor. The city's mix of university-area buy-to-let upgrades, family-home extensions, and first-time-buyer modernisation projects creates a reliable pipeline of work across a wide value range – from £25,000 for internal refurbishments to £80,000–£150,000 for larger extension and renovation projects.

The cash-flow challenge for Southampton builders is shaped by the local market's competitive dynamics. Builders from across Hampshire compete for domestic work in the city, and the proximity of higher-value markets in Winchester and the New Forest draws some of the best local tradespeople toward more profitable projects elsewhere. For builders focused on the Southampton market, margins are often earned through volume and efficiency rather than premium pricing – which makes payment timing critically important. A two-week delay on a £10,000 stage payment, when you are already funding materials for the next stage, can push your project cash flow into the red. Across two or three concurrent projects, these delays compound into a working-capital problem that constrains your capacity to take on new work.

Renopay converts uncertain payment timelines into predictable cash flow. Your client's full renovation budget is deposited into a safeguarded escrow account before you start. You see proof of funds on your dashboard from day one – no uncertainty about whether the homeowner can afford the project. As you complete each agreed milestone, the homeowner approves and funds release to your account. No chasing. No wondering. No lending your client your own money. For Southampton builders operating in a competitive market where margins are hard-won, Renopay protects those margins by ensuring payment arrives when the work is done. Check how your typical projects affect your cash-flow exposure with the risk checker, and if payment terms have ever stopped you from taking on a project you wanted, read our guide on turning down profitable work.

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