Many people are unable to buy a home at the moment, with mortgage funding out of reach to those who do not have a significant deposit.
Under Rent to Buy we can offer our brand new homes to let for around 20% less than the typical market cost of an equivalent home. This allows people to save money whilst living in a brand new energy-efficient home, and benefitting from our high standards of service.
When we decide to sell these homes in the future the current tenants will be offered first refusal to buy on a shared ownership basis. We therefore assess an applicant’s affordability to purchase prior to offering the opportunity to rent.
We offer an Assured Shorthold Tenancy, with an initial commitment of six months; thereafter a notice period of two months can be given by either party.
Please note all property reservations are subject to an administration fee.