Rent to Buy

Rent-to-Buy allows you to 'try before you buy. ' Move into the home of your choice now, paying a low monthly rent as you save towards owning your home.

You can rent the property for up to five years and choose to buy through shared ownership at any time. There is no obligation to buy the home.

If you do choose to buy, you will also benefit from shared ownership, meaning that you only need to secure a mortgage for 25% - 75% of the property's market value. Please see the information on shared ownership for more details.

You need to qualify to apply for this scheme. See is it for me? for more details. You need to earn under £60,000 to apply. If your circumstances change while you are renting the home, and you earn over this threshold, you will not be able to buy the home.

You can visit the property search to look for rent to buy properties, and apply online when you are ready.

Download our rent to buy info sheet here