Rent to Buy

Rent to Buy

Rent to Buy is a scheme that allows people who wish to become home-owners the option to get onto the UK housing Ladder with 100% Home Ownership.

In the past people have struggled to become homeowners for many reasons such as being declined a mortgage, having a poor or non-existent credit history, a lack of deposit or even being a new resident to the UK. A Rent to Buy property removes these barriers and makes Home Ownership accessible to more people than ever before.

“The service from BetterMove was good, friendly and patient. The staff did their best and I couldn’t fault them.”

Own your own home today, with a rent to buy

So if you are struggling to raise a hefty deposit now required by lenders or maybe you are a first time buyer or self-employed individual who needs to build up a credit history. Whatever the reason, don’t let difficulties obtaining a mortgage stop you, we can offer you a solution.

You can move in immediately, without a mortgage, without a hefty deposit and without a credit check.

 

Rent to buy – as simple as it sounds

This is how it works…

  • Just a small deposit is needed to secure and move in to your chosen property
  • Pay an agreed rental sum (just as if you were renting) alongside an affordable monthly amount towards your deposit fund – usually for a 5 year term
  • Every month you also make an additional payment into your personal deposit fund – this can be for 5 years too!
  • At the end of the term you can use your deposit fund to help secure a mortgage – most people can achieve this after the first 5 years.
  • You benefit from any increase in the property’s value and equity*
    *subject to terms & conditions