Also known as ‘Rent to Save’ or ‘Intermediate Rent’, Rent to Buy is another way to help you get your foot on the property ladder.
It’s the perfect option if you’re struggling with a deposit for a home, as you rent a brand-new home with a shorthold tenancy, at a reduced rate (80% of local market rent) for up to five years, giving you the chance to save for a deposit.
If you’re able to save a deposit before your five years are up, you can make an offer, or you may be able to buy a percentage of your home through Shared Ownership.
We’re more than happy to go through your home ownership options with you at any time. If you have any questions for us
You’re able to apply for a Rent to Buy home if:
Before you can purchase a Rent to Buy home, you will need to fill in a Rent to Buy Application Form. Once you have filled in this form, you will know if you are eligible for a Rent to Buy home.
To find out more about Rent to Buy and if you are eligible get in touch with a member of our helpful team!Get In Touch
There are a few different ways to find an Open Door Rent to Buy home:
“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.”