Rent to Buy

RENT TO BUY – A Pathway to Homeownership

Rent to Buy offers an affordable way to step onto the property ladder by allowing you to rent a home at a reduced rate (typically 20% below market rent) while saving for a deposit to purchase the property in the future.

Key Benefits:

Reduced Rent: Pay below-market rent, giving you a chance to save.
Future Purchase: After a fixed rental period (usually 5 years), you have the option to buy the home.

Eligibility:

Open to first-time buyers or those returning to the market after a change in circumstances.
At least one person moving into the household must be in full-time employment.
Income and other financial criteria apply to ensure you’ll be able to obtain a mortgage during the five-year period.

Download the full Rent to Buy guide below: