Rent to Own - home ownership made easy
Rent to own and 'buy as you rent' is aimed at helping individuals, couples and families on to the home ownership ladder.
In the current credit crunch it is becoming more difficult for people to save deposits towards their first home or divorcees wishing to buy another house, the self-employed, or people with CCJ's and perhaps new citizens. With the rent to own scheme we can help to rebuild your new credit status - put simply you rent a home from us with an option to buy it at a later date. Over an extended agreed period we help you build a deposit towards your future mortgage. This means you are able to buy your home over a timescale that suits you, and for total piece of mind the whole legal process is managed through solicitors.
You can move into your new home without the need for a mortgage and because this is not a 'shared equity scheme' any increase in value is completely yours and not shared with any third party. Similarly if you make improvements that affect the value of your home this will be extra equity for you, which will not increase the agreed purchase price.
Maintaining regular monthly rent and deposit payments will help you to discipline yourself for paying your future mortgage, but if for any reason your circumstances change you are not under any obligation to buy the property.
For further information on taking the first steps to owning your own home visit www.rent2own.me.uk.
