Rent to Buy
Are you looking to own your own home but don’t have a deposit saved? Rent to buy could be a great option for you.
The scheme that we are launching with our new development in Ashby, Scunthorpe will offer a stepping stone from renting to becoming a home owner in just five years.
With rent to buy, you would rent a home from us, and receive all the same support that our other renting tenants do, but you would be working towards owning the home after five years.
We rent out these homes at around 20% less than the cost of market rent, so you can save the remainder towards a deposit. You’d be on a one year fixed term tenancy over five years and then you’d have the option to buy your home.
We've also pulled together a list of questions and answers we think might help you decide whether Rent to Buy is an option for you. Take a look here.