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rent to own properties
cashcatcat
Posts: 3 Newbie
Hi,
I have just heard about rent to own properties on new builds. Its where you rent for 3-5 yrs at 80% of the rent value and save 20% towards a deposit. Does anyone have any more info about this as I cant find much on the internet? thanks
I have just heard about rent to own properties on new builds. Its where you rent for 3-5 yrs at 80% of the rent value and save 20% towards a deposit. Does anyone have any more info about this as I cant find much on the internet? thanks
0
Comments
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Some information and examples can be found here;-
http://www.orbithomebuyagents.co.uk/main.cfm?type=RENT2HOMEBUY
You need to find Registered Social Landlords in your area.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Hi,
thanks. I live in Newcastle and there doesnt seem to be much happening here to do with rent to buy. Must make some phone calls tomorrow0 -
Here's a start, a list of HAs in your area;-
http://www.northumberland.gov.uk/default.aspx?page=3804
Anchor Trust
Cheviot Homes
Nomad E5
Johnnie Johnson Housing Trust
Places for People
Home Group
The Guinness Trust
Housing 21
Stonham Housing Association
Two Castles Housing Association
Railway Housing AssociationI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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