Rent to Buy - a great deal for both Landlords and Tenants!
Landlords :
One of the easiest and most cost-effective ways to sell a property is to an existing tenant. This saves on Estate Agent fees and means that you don't have to give a tenant notice and have an empty property, probably needing refurbishment, for what could be months until a sale is agreed and completed.
Typically a property is offered on our Rent to Buy scheme over a five year period. During this time, the tenant is saving for a deposit by paying a monthly sum into a secure trust account. Tenant-buyers have the same mentality as home owners - they treat the property as their own, because one day it will be - so you don't have to worry about the property being maintained in good condition. This mentality is also reflected in their attitude to paying rent in full and on time. Just as home-owners treat their mortgage payment as their top priority, Tenant-buyers have the same view as they don't want to risk losing their home.
For more information on how Rent to Buy works for landlords, and real-life examples, download our brochure.
Tenants (future home-owners) :
Everyone dreams of owning their own home. Unfortunately in this economic climate, for many it looks like being just that - a dream - with little chance of becoming reality. With mortgages hard to get even for those with good credit records, renting is the only option for most people.
But what if you could choose a home to rent now, and buy it later - typically in 5 years - at today's price?
Rent to Buy is the answer!
You move in with a small deposit and pay rent. You also pay an affordable monthly amount towards your deposit fund (which is held separately in a secure trust account until you're ready to buy). When you buy you also receive a further boost to your deposit fund from the landlord - a massive 5% of the purchase price!
We've helped many people take that first step towards home ownership - and you could be the next.
You can view our brochure here. If you're unable to view this, you can view and download a pdf version here.
