Finance → TPS → Overview → /tps/home
A Tenant Purchase Scheme (TPS) contract is an agreement under which a resident buys the unit they occupy over time, paying instalments of principal and interest instead of rent. On the platform it is a distinct kind of contract with its own schedule, its own arrears semantics, its own compliance obligations, and an end state — ownership transfer — that a rental lease never reaches.
The module
| Destination | Purpose |
|---|---|
| Overview | The dashboard: portfolio position, key metrics and trends. |
| Contracts | The contract book. |
| Amortisation Schedule | The instalment plan behind each contract. |
| Schedules / Generation Runs / Monthly Balances | Schedule generation and the resulting monthly billing position. |
| At-Risk Contracts | Contracts in arrears against their schedule. |
| Compliance → Notices | Formal notices issued to beneficiaries. |
| Compliance → Contract Default State | Where each contract sits against default criteria. |
| Compliance → Compliance Jobs | The runs that evaluate compliance. |
| Ownership → Progress | How far each beneficiary is toward ownership. |
| Ownership → Certificates | Certificates issued on completion. |
| Onboarding Lobby | Intake of new beneficiaries into the scheme. |
The contract
A TPS contract carries the commercial terms of the purchase:
| Field | Meaning |
|---|---|
| Loan amount | The financed purchase price. |
| Deposit amount | Paid up front, reducing the financed amount. |
| Interest rate | The rate applied to the outstanding principal. |
| Months | The term. |
| Start date / first due | When the schedule begins. |
| Furniture | Any furniture component financed alongside the unit. |
| Escrow per month | Amounts collected into escrow alongside the instalment. |
| Original net loan | The starting financed balance. |
| Principal paid to date | Cumulative principal repaid. |
| Net loan balance | What remains owed. |
How TPS differs from a rental lease
| Rental lease | TPS contract | |
|---|---|---|
| What is billed | Rent for a period | An instalment of principal + interest (+ escrow/fees) |
| Balance | Arrears against invoices | Arrears against an amortisation schedule |
| End state | Lease ends, unit re-let | Ownership transfers to the beneficiary |
| Failure state | Termination and eviction | Default and repossession |
| Compliance | Standard tenancy obligations | Scheme-specific notices and default states |
Onboarding
The Onboarding Lobby is the intake pipeline for new beneficiaries, with a queue view, priority tiers for SLA and routing, assigned onboarding officers and outreach officers, required document uploads, verification, and a submit-for-review step.
The lobby dashboard shows pipeline state and flags a bottleneck detected where a stage is backing up, along with SLA remaining per case.
Beneficiary profiling questionnaires — the household and income data collected during a field or home visit — are captured through the assessments engine rather than a bespoke TPS form, so the questionnaire can be revised without a deployment.
Onboarding produces an application which, on activation, becomes a TPS contract. See Lease applications.
Reporting
The TPS overview dashboard shows the scheme's key metrics and trends. Where a scheme reports to an external programme — for example an allocation report to a national housing platform — the platform can generate and dispatch that report, running in shadow mode until the reporting is verified.