Follow our 7 step process below to see how Rent to Own works
Tenant Buyer application is completed either in branch or online.
A financial health check is carried out on the Tenant Buyer by Rent to Own
The Tenant Buyer is shown a selection of suitable properties
The Landlord accepts the Tenant Buyer and both Landlord and Tenant Buyer agree the lease option period, the monthly rent, the future purchase price and the monthly top-up
The Tenant buyer moves in and makes monthly rent and top-up payments
At the end of the option period, the Tenant Buyer exercises the option to purchase and the top-up is used as the Tenant Buyer's deposit.
Upon legal completion, the Tenant Buyer becomes the legal owner of the property.
Rent to Own has helped me become a home owner. That is position I never thought I would be in 5 years ago.Anonymous - Proud home owner
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