Also known as ‘Rent to Save’ or ‘Intermediate Rent’. The Rent to Buy Scheme is for those who feel a mortgage is out of reach at the moment, because it’s too hard to save for a deposit.
It’s a simple idea, Rent to Buy lets you rent now, buy later! The scheme allows you to rent a brand new home with a tenancy agreement, at a reduced rate (80% of local market rent) for five years, giving you the chance to save for a deposit. After the 5 years expires, Open Door will offer you the opportunity to buy the home you’ve come to know and love.*
If you’re able to save a deposit before your five years are up, you may be able to buy a percentage of your home through Shared Ownership.
We’re more than happy to go through all of your buying options with you at any time. If you have any questions, please get in touch with a member of our team on 0333 0044 777.
*Rent to buy tenancies will be let as ‘Assured-Shorthold Tenancies’ on an initial 12-month term. The AST will be renewed dependant on zero tenancy breaches relating to rent payments, anti-social behaviour & condition of property. Please note, due to funding regulations, Halton Housing cannot sanction any outright sale of Rent to Buy homes to customers within the initial five year letting period.
Affordability, credit checks and employment/landlord references will be carried out. *Further calculations will be made if ‘living at home’ is selected.
Please see below for further details on how to apply.
You’re able to apply for a Rent to Buy home if:
Applications have now closed. All Rent to Buy homes have now been allocated.
Features and Benefits
Use the search function on our website to find our Rent to Buy homes.
If you think you match all the above criteria and would like to apply, please request an application form and a member of our team will contact you. Please note, Further calculations will be made if ‘living at home’ is selected.
Updates on available properties will appear here with the application form when we have Rent to Buy homes available.View our new build developments
If you have a deposit saved already, have you thought about Shared Ownership? Please take a look at our page with more information – Shared Ownership
“I moved into my Open Door property in Widnes in February 2017 and the process to start up the tenancy was very simple and easy. We were shown around the property prior to moving in and given a very handy pen drive with all the instructions for appliances and utilities on it. Over the last 15 months the team at Open Door have been amazingly supportive, especially Claire Nedugodan, who has gone out of her way to support me with some difficult personal issues I faced. Repairs and maintenance with Open Door are also really helpful and very prompt. Overall, my experience as a tenant of Open Door has been really positive and I would be happy to recommend a home or tenure with them to any of my friends or family.”
“I found my current apartment online in summer 2017 when my partner and I decided to move in together to save for a wedding and a mortgage. The apartment was spacious & clean when I moved in but with the need of some maintenance as the previous tenant was a little heavy handed. This was all completed within 3 weeks of moving in by Sam who always called ahead of the appointment time to confirm attendance. The online database is brilliant, I have never used one before, so this is a refreshing change that’s available for Open Door tenants.”
“Sarah and the team are amazing, they respond to all texts, emails and phone calls within 48 hours with a response. We’re so happy here and have no intention of moving!”
“I’ve had a pleasurable experience with Open Door throughout my tenancy. Claire dealt with my moving in process and was great, really pleasant. I would happily recommend renting an Open Door property to a friend or family member of mine”