Glasgow Renovation Escrow for Homeowners
Protect your Glasgow renovation budget with milestone escrow. Renopay safeguards your payments and releases funds only on verified completed work.
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 →Glasgow’s tenement flats are the backbone of the city’s housing stock, and renovating them is a rite of passage for thousands of homeowners every year. From the blonde sandstone tenements of the West End and Hyndland to the red sandstone blocks of Shawlands and Mount Florida, these properties demand careful renovation — particularly around shared closes, communal roofing, and original period features. A typical tenement-flat refurbishment in Glasgow, covering kitchen, bathroom, rewiring, and replastering, costs £25,000–£50,000. Larger projects involving structural reconfiguration or rear extensions on ground-floor flats run £40,000–£80,000. Detached and semi-detached homes in areas like Bearsden and Newton Mearns see extension and renovation budgets of £60,000–£130,000.
Payment risk in Glasgow is shaped by the city’s cost-conscious renovation culture. Homeowners are understandably budget-sensitive — Glasgow property prices remain well below the UK average — but this can lead to under-scoped projects, unrealistically low quotes, and pressure to pay builders quickly to keep them on site. Informal payment arrangements dominate the market, with deposits of £2,000–£5,000 followed by weekly or fortnightly cash or bank-transfer payments based on the builder’s request rather than a structured milestone schedule. If a builder’s work deteriorates or they fail to return after receiving a substantial payment, the homeowner’s options are limited to small claims court — a process that is slow, stressful, and often yields no practical remedy.
Renopay offers a better model. Your renovation funds are held in a safeguarded escrow account from the outset, giving your builder instant proof that the money is committed. Milestones are agreed upfront and tied to specific stages of work. Payments move only when you verify each stage is complete. This mechanism costs a fraction of the projects it protects, and it replaces the informal, trust-based system that leaves so many Glasgow homeowners exposed. Whether you are refreshing a Partick tenement or extending a family home in Giffnock, structured payment protection gives you control. Run your project through the renovation risk checker to see where your vulnerabilities lie, and read our self-managing a renovation guide for practical advice on keeping your build on track.
How Renopay Works
A fair, transparent payment platform where funds are secured before work begins.
Agree the Schedule
Break the project into clear milestones. Both parties digitally agree on the deliverables and costs for each stage, ensuring total clarity before work starts.
Fund the Vault
The homeowner deposits the milestone value into the secure vault. The funds are locked—the homeowner cannot withdraw them, and the builder has proof the money is ready.
Approve & Release
Upon completion, the homeowner releases payment instantly via the app. If a dispute arises, funds remain frozen in the vault—neither party can access them until resolved.
Simple, fair pricing
No hidden fees. No subscription costs. Just a small transaction fee to secure your funds.
Homeowners
Protect your budget from risk.
- Only pay for completed work
- Funds are fully ring-fenced
- Arbitration support included
- No monthly subscription
Builders & Trades
Standard fee 1%. Waived for Early Access partners.
- Proof of funds before you start
- Guaranteed payments on completion
- Reduce admin & chasing invoices
- Priority support
Transparent Pricing
See exactly what you pay and what you save.
Estimated Fee Savings
£1,500
See how much you save on administration costs compared to traditional contract management.
With Renopay
Traditional Route
Typical cost for manual valuations, site visits, and payment certificates.
Why Renopay defeats the old way
Compare the protection, speed, and cost of using Renopay versus cash or a Quantity Surveyor.
| Feature | Renopay | Cash / WhatsApp | QS Drawdown |
|---|---|---|---|
| Proof of Funds | Verified Instantly | None | Partial |
| Payout Speed | Instant | Days/Weeks | Weeks (Net 30) |
| Funds Location | FCA-Authorised Escrow | Builder's Bank | Homeowner's Bank |
| Dispute Resolution | Neutral Mediation Support | None (Small Claims Court) | Expensive Legal Process |
| Cost of Protection | 1% Per Party (Capped) Start Safe | None (High Risk) | £5k+ Fees |
Trust & Safety
How we protect every party.
Every payment is safeguarded, every milestone tracked, and every dispute handled fairly so both sides can focus on the work.
FCA-authorised payments
Funds are handled via Open Payment Platform (OPP) - regulated, compliant, and bank-grade secure.
Milestone-based escrow
Money is held per milestone and only released once the homeowner actively approves the work.
Transparent, Fair Pricing
Homeowners pay 1% per milestone. Builders on our Early Access Partner Program pay 0% fees on their first project (standard rate 1%). No hidden costs.
Independent Dispute Resolution
We don't take sides. If a dispute arises, milestone funds pause in escrow. If you can't resolve it via your dashboard, an independent RICS expert assesses the work to ensure a fair, objective distribution of funds.
Instant release on approval
Builders get paid immediately after the homeowner taps 'Approve,' keeping cash flow healthy and predictable.
Indisputable Records
Goodbye to "he said, she said." Every approval, message, and payment is time-stamped in the dashboard, giving you a permanent digital record.
Frequently asked questions
Still unsure? Email hello@renopay.co.uk and we’ll help you decide if milestone escrow is right for your project.
Join the waitlist
Pay for renovations the safe way with Renopay.
Share a few details about your project and we will send onboarding instructions. Milestone-based payments. Full control. Trusted by homeowners and builders alike.
Prefer email?
Drop us a line at hello@renopay.co.uk and we will set up a call.