Your Path to Homeownership – Rent to Own

Getting onto the property ladder has never been more challenging. The average first-time buyer in the UK is now 37 years old, and in London, it’s even later—often in the mid-50s. Rising house prices, strict mortgage criteria, and the need for large deposits have left many feeling stuck renting indefinitely.

But what if there was another way?

With Rent to Own, you can start your journey towards homeownership today—even if you don’t yet qualify for a mortgage or have a large deposit saved.

What is Rent to Own?

Rent to Own works similarly to car finance plans. Just like a PCP agreement where you:

  • Pay an upfront contribution
  • Make monthly payments over an agreed term
  • Have the option to purchase at the end

Rent to Own gives you the right—but not the obligation—to buy the property at a later date. The key difference? Unlike a car that loses value over time, you’re securing an asset that can appreciate in value.

How Does It Work?

Here’s a simple example:

  • Property Sale Price: £180,000
  • Agreed Term: 5 Years (flexible)
  • Upfront Option Consideration (3%): £5,400
  • Monthly Rent: £1,000
  • Monthly Top-Up Contribution: £210

What You’ll Have Contributed by Year 5:

  • Upfront Option Consideration: £5,400
  • Total Top-Up Payments (60 months): £12,600
  • Total Option Consideration Paid: £18,000

At the end of the 5-year term, if you decide to buy, you’ll have £162,000 remaining to pay:

£180,000 – £18,000 = £162,000

This means you only need a 90% mortgage on £180,000.

If circumstances change and you decide not to buy, you’re free to hand the keys back and move on—no strings attached.

Important: Option Consideration payments are non-refundable but will count towards your purchase if you go ahead.

Why Choose Rent to Own?

  • Get on the property ladder sooner – No need for a large deposit upfront.
  • No immediate mortgage approval required – Time to build your credit and financial standing.
  • Security & flexibility – Live in your future home while deciding if it’s the right fit.
  • Fixed purchase price – Lock in an agreed sale price today for added peace of mind.
  • No Stamp Duty (for first-time buyers) – Up to the threshold of £300,000 from 1st April 2025.

Every Rent to Own agreement is tailored to your situation—we ensure the monthly payments are affordable and realistic for you.

Ready to Take the First Step?

If you’re tired of renting with no end in sight, Rent to Own could be the perfect solution for you.

Fill out our pre-qualification questionnaire today, and we’ll be in touch when a property in your desired area becomes available.