Rent to Buy

RENT TO BUY

A way you can ‘try before you buy’

Getting onto the property ladder can feel out of reach – but it doesn’t have to be. The Rent to Buy scheme is designed to make homeownership more achievable for first-time buyers who are ready to take that next step.

Move into a quality new build home, pay a reduced rent, (usually up to 20% lower than average local market rents) while you save up for a deposit to purchase it in the future. It’s a straightforward and supportive route to owning your own home.

At the end of the five-year time period, you will be offered the chance to purchase the home outright, or through SharedOwnership, and fulfil your dream of becoming a proud homeowner.

To meet the criteria for Rent to Buy you must be:

• In employment

• A first-time buyer or former homeowner buying again (e.g.after a relationship breakdown).

• Able to afford the renter payments and save for a deposit

Explore our available homes and discover how easy it can be to make your first move under Current Developments page.