About Rent to Buy

A Rent To Buy Scheme is for people to acquire and sell UK property over a fixed period of time, at the beginning of the agreement there is no need to secure a mortgage or put down a full deposit. It is also possible for people in financial difficulties to rebuild their credit profile while buying a new property.

During the Rent To Buy Scheme you will either become a Tenant Buyer, paying rent of which part goes towards your eventual deposit once you purchase the property at the agreed time & price in the future (This means that when you pay your rent you are investing in your future prosperity rather than paying ‘dead rent’ that gives you nothing at the end), or you will become a Landlord Seller.

A Landlord Seller (Property Owner) will use a Rent To Buy Scheme to sell a property, they will normally require an initial deposit of up to 3% or 4%, but this is not always required, and a monthly sum on top of the market rent – all of these extra payments will be deducted from your Mortgage Deposit when the Tenant Buyer eventually buys the property.

Rent to Buy schemes has been introduced to the UK Housing market recently but it has been operating very successfully in America & Australia for decades as Rent to Own.

Rent to Buy means you own an option to buy the property at a fixed price at a fixed date in the future, this option to buy gives you the right but not the obligation to buy, so if it does not suit you at the end of the option term you can walk away or re-negotiate a new deal – but be aware most or all of your extra payments may be non-refundable if you do not buy the property.

Understand your requirements

Rent to buy estates.co.uk is the only organisation that is dedicated to helping Tenant Buyers to find Rent to Buy properties, our search services are completely free of charge to all registered users.

The initial stage of our relationship is for us to understand exactly what you are looking for and your present circumstances so that we can tailor our efforts to produce the best range of opportunities for your next property.

To start you only have to complete the Short Registration Form which you can complete by clicking here, if you would like to receive more information before registering then click here to join our mailing list.

Use our industry contacts to find potential properties

Once we understand your needs and current circumstances will start to contact our industry associates to locate suitable properties. From us to understand that there are a wide range of properties available which will be in various conditions, our job is to present you with the best range of property options which suit your requirements.

Discuss with you & suggest ways forward

Once we have some properties which seemed to suit your requirements we can start to discuss with you the various deals that can be done and what options can be available, we have a very wide knowledge of the Rent to Buy industry and we can suggest the various ways forward to creating a package that you’ll be happy with.

Arrange property viewings

Once we seem to be getting close to answering your needs we can arrange for you to visit the properties that are available.

Agree Heads of Terms

In order to understand exactly what we are agreeing restart with a very simple document called the heads of terms – this document will list the key elements of our understanding so that everything is clear prior to making any commitments and at this stage you on the no obligation to go forward. Sample documents can be supplied to you for your information.

Appoint Legal advisors

We will use a very experienced solicitors to draw up the documentation required which will reflect the terms outlined above, we prefer that you also have an independent solicitor acting for you and who will give you advice on the documents we produce. We have a number of experience contacts so if you need a solar system to act for you we can help you to find one.

Get the keys and move in!

As soon as you have completed documentation and made any agreed initial payments you’ll be in a position to collect the keys and move into your new home straightaway – you’ll see that this is a much quicker, cheaper and easier way of securing a home than the traditional route of obtaining a mortgage. The whole process can be completed in a few weeks.

Register your requirements now!

Rent to Buy (Rent to Own) people to acquire UK property over a fixed period of time, at the beginning of the agreement there is no need to secure a mortgage or put down a full deposit. It is also possible for people in financial difficulties to rebuild their credit profile while buying a new property.

You will become a Tenant Buyer, paying rent of which part goes towards your eventual deposit once you purchase the property at the agreed time & price in the future. This means that when you pay your rent you are investing in your future prosperity rather than paying ‘dead rent’ that gives you nothing at the end.

Rent to Buy (Rent to Own) has been introduced to the UK Housing market recently but it has been operating very successfully in America & Australia for decades.

Rent to Buy means you own an option to buy the property at a fixed price at a fixed date in the future, this option to buy gives you the right but not the obligation to buy, so if it does not suit you at the end of the option term you can walk away or re-negotiate a new deal.

Find out what type of People Who Rent to Buy

Rent To Buy Estates offers the widest range of Tenant Buyer Packages in the UK, we are proud to specialise in offering people Rent To Buy properties. We are the most imaginative and flexible organisation available in this industry.

Below you will see an outline of some of our Rent To Buy Tenant Buyer Packages;

1. Equity Max Rent To Buy Option
2. Cashflow Max Rent To Buy Option
3. Fixed Exit Rent To Buy Option
4. Equity Tracker Rent To Buy Option
5. No Deposit Rent To Buy Option
6. Variable Deposit Percentage Rent To Buy Option
7. Exchange of Contract Rent To Buy Option
8. Portable Equity Rent To Buy Option
9. Sales Partner Rent To Buy Option

We will of course design each Rent To Buy Option to suit your personal circumstances & objectives.

Rent to Buy Trust Recommends;

MS Law LLP
383 Bury New Road
Prestwich
Manchester
M25 1AW

Tel: 0161 772 4500
Fax: 0161 772 4501
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact - Paul Gelder - MS Law LLP - Website Link
 

If you are a solicitor who can advise on Rent to Buy Option agreements please send your details to This email address is being protected from spambots. You need JavaScript enabled to view it. and we will include you on our list.

We will develop a list of the most frequently asked questions relating to Rent to Buy, Rent to Sell, Rent now buy later etc.

Where do the deposit payments go?

As it stands currently the owner of the Rent to Buy property, or the Rent to Buy Manager if you are in the middle, will collect the initial deposit and any extra payments that are to be credited towards the final deposit. Also current practice is that these payments are non-refundable if the Tenant Buyer decides not to exercise the option & buy the property, this should be made clear to them.

If you are acting as a Rent to Buy manager standing in between the Landlord Seller & Tenant Buyer you will be responsible to pay all agreed amounts to the property owner which will be deducted from the amounts you receive from the Tenant Buyer.

In order for the Tenant Buyer to confirm the amount of deposit they have paid when they apply for a mortgage you need to keep accurate & provable financial records.

A Rent To Buy Scheme is for people to acquire and sell UK property over a fixed period of time, at the beginning of the agreement there is no need to secure a mortgage or put down a full deposit. It is also possible for people in financial difficulties to rebuild their credit profile while buying a new property.

During the Rent To Buy Scheme you will either become a Tenant Buyer, paying rent of which part goes towards your eventual deposit once you purchase the property at the agreed time & price in the future (This means that when you pay your rent you are investing in your future prosperity rather than paying ‘dead rent’ that gives you nothing at the end), or you will become a Landlord Seller.

A Landlord Seller (Property Owner) will use a Rent To Buy Scheme to sell a property, they will normally require an initial deposit of up to 3% or 4%, but this is not always required, and a monthly sum on top of the market rent – all of these extra payments will be deducted from your Mortgage Deposit when the Tenant Buyer eventually buys the property.

Rent to Buy schemes has been introduced to the UK Housing market recently but it has been operating very successfully in America & Australia for decades as Rent to Own.

Rent to Buy means you own an option to buy the property at a fixed price at a fixed date in the future, this option to buy gives you the right but not the obligation to buy, so if it does not suit you at the end of the option term you can walk away or re-negotiate a new deal – but be aware most or all of your extra payments may be non-refundable if you do not buy the property.