We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Best way to aproach a vendor or landlord to suggest rent to buy

Hi,

We are currently trying to sell our flat and have had to reduce the price to get a quick sale as our baby is getting bigger and we're in a 1 bedroom.

This has eaten into our deposit, and we are going to have to rent a while to build up a new deposit. I have read about rent to buy where you rent a property and have an option to buy it after a set period of time, which is very attractive to me.

My question is, what is the best way to approach either a landlord or vendor to suggest this scheme, because if we go through the agency I don't believe the estate or letting agency would actually contact their client as they will effectively lose their commission under this type of scheme.

Any help would be appreciated

Comments

  • de1amo
    de1amo Posts: 3,401 Forumite
    1,000 Posts Combo Breaker
    sounds interesting-i have heard about large companies doing this but never smaller landlords-it would interest me to sell/rent my property on this basis-so i look forward to seeing if it is possible?
    mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.