Rent To Buy Homes and Properties

What is a Help to Buy Scheme?

“Help to Buy” is a government scheme designed to allow people to deal with the costs of renting and mortgages by reducing rent, then giving you the option to buy the house or part rent/ part buy later down the line. Below we will explain the pros and cons of our own Rent to Buy scheme...

Browse our properties

Click to browse all of our current 'Rent to Buy' properties available on the market

RENT MY HOME TODAY - RENT TO BUY SCHEME

With us the rate is 100% less as the full contribution is going towards your deposit

With us the purchase price is locked in from day one, so you benefit from any price appreciation of your flat.

We offer minimum of 2 and maximum of 3 years

With us you would buy the full property

GOVERNMENT HELP TO BUY SCHEME

Homes are made available to rent with a shorthold tenancy at a reduced rate of 20% less of local market rents.

On the Government scheme you have to purchase the property at the market value at the time of purchase.

Government scheme offers from 6 months to 5 years.

Government scheme allows you to buy part of the property (shared ownership).

Our Rent to Buy Homes and Properties

Find our current properties available for 'Rent to Buy' below...

Property 1
LONDON ROAD
LUTON

Property Address:
Flat 5, 5a & 7 London Road
LUTON
LU1 3UE

We have 3 apartments available on our 'Rent to Buy' scheme situated on London Road, Luton. All apartments are single storey, have 1 bathroom and a bedroom each.

Property 2
TAVISTOCK CRESCENT
LUTON

Property Address:
Flats 1 - 7 Tavistock Crescent
LUTON
LU1 3UP

We have 7 flats available on our 'Rent to Buy' scheme situated in Tavistock Crescent, Luton. All flats are single storeys, have 1 bathroom and a bedroom each.

How does our Rent To Buy Scheme Work?

To find out more about how you contribute 100% to your deposit and what amount you need to pay towards the overall cost of the property, please find an example outlined below...

  • Your new home value is agreed at £180,000.
  • From this your 20% Deposit sum will be £36,000.
  • Your £36,000 deposit will be split into equal payments over a 36 month period = £1000/month rent.
  • This monthly payment goes directly against deposit for the property.
  • The AST is fixed for minimum 2 years by which time you can exercise your right, or option to buy, or can choose to continue to carry on paying for a further year to bring your overall mortgage value down.
  • The monthly rental payments are slightly higher than normal rental values, however, the benefit is that it is going directly towards your deposit.
  • £180,000 less £36,000 after 3 years is £144,000 and the property value may increase by that time so therefore making your ability to obtain a mortgage much easier.
  • If you, the purchaser, choose not to exercise your option after 36 months then you will need to, in effect, hand back the property and all you would have lost is the deposit sum – which is what you would have paid out for on normal monthly rent. 

How do I know I am eligible for Rent to Buy with you?

You are eligible if:

  • Your combined household earns £80,000 a year or less. A household can be one person, or you and a partner or you and a friend
  • You are a first time buyer, or you used to own a home but can’t afford to buy one on the open market now
  • You cannot be a current home owner (or be named on the deeds of another property).
  • You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).
  • You must live in the property
  • You cannot sublet or sublease the property

Ready to enquire about our Rent to Buy service?

Use the form below to email us about our listed properties above, or alternatively you can call us on 03333 449903

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