Waypoint Church

Fareham, UK

Share this story

Waypoint Church is a thriving church and the heart of the community it serves on England’s south coast. To extend their worship space and develop their building facilities into a community hub, the church raised over £3 million and borrowed £1.9 million from CAF Bank.

The new building opened shortly before the Covid-19 outbreak. By adapting the use of the space during the lockdown, the church has discovered new ways to make a difference for people in the community.

During the lockdown we interviewed Mark Madavan, Senior Minister at Waypoint Church to find out more about the project.

Seeking more space to grow

Vision. That's what was behind the church's plans for the building, To create a space whereby they could grow and support more people in the community.

"The driver was to make space for people and to connect with more people. That vision is what we were raising money for, that’s what we were funding – it was the need for more space that drove us. Vision is key really."

Funding the project

In addition to the loan from CAF Bank, the church put five percent of their general income away over a period of 13 years. They also received a small amount from grants and through individual fundraising. If you're looking to fund a new project take a look at our guide to financing the future.

Adapting to Covid-19

The new building opened six months before the Covid-19 lockdown. Like countless other charities, the church had to adapt while still staying true to their purpose. As Mark explains, "we had to close down the building but we wanted to use it to still help the community. Our heart is to connect with the community. So we contacted the council and said we want to help those in need."

Advice for other charities

Finally, Mark shares his advice for other charities that are considering undertaking a project like this, "the goal is not the building, it’s to connect with people so my advice is identify that because that is what will drive you when you get to those days where you’re going 'this is too much'". 

It's great advice and something that we consistently see in similar projects we've supported through CAF Bank


If your church or faith group is outgrowing its building, download this free guide to borrowing options. Or get in touch with our charity loan experts to discuss the support you need to deliver your vision.

CAF Bank loans are non-regulated products.

Loan applications subject to credit assessment. Security will be required.

Charity assets may be at risk if you do not keep up with the repayments for a mortgage, loan or any other debt secured on them.

If you're thinking of consolidating existing borrowing, you should be aware that you may be extending the term of the debt and increasing the total amount you pay.

CAF Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204451).

CAF Bank Limited Registered office is 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ. Registered in England and Wales under number 1837656.