What is Rent to Own?

Rent To Own is a scheme where you can find a property, move in and in a certain amount of time, you become owners of the property. The advantage of such a scheme is that you need not look for a mortgage when you are searching for property. You also have a guaranteed option to buy at a price agreed at the time you move in as tenants. That means that irrespective of the value of the house, you become owners of the house at the agreed price once you have fulfilled the terms in the agreement.

Rent to Own is a good option if?

• You are struggling to get mortgage for any reason
• Overseas workers who have not lived long enough
• New graduates
• Self -employed
• key workers
• returning ex-pats
• contract workers from former Commonwealth
• Not having enough cash deposit

Will I be a tenant or a buyer?

The terminology used for properties under the rent to buy scheme is “tenant buyer”. It means that you will have the standard rent agreement as well as the buying option agreement from the landlord.

Is Rent to Own a safe option?

Rent to Own is completely legal and is bound by terms and conditions of the contract which you get when you move in.

What Do I do if I have additional questions?

You can Fill up our contact form and we will get back to you within 48 hours.