How it Works

Rent2own offers you the chance to get on the property ladder quickly and easily. We take the worry out of buying your own home.

Here's how it works

1. Tell us what type of home you want and we'll help you find it from our portfolio of houses and flats.
2. We then value that property and agree a sales price with you based on the local market and its condition. As in any house sale, there's room for negotiation. The Rent2own contract period is typically for 2 years but longer contract periods may be considered to allow you to build more equity and get your finances and credit in order.
3. You pay an initial deposit or option fee 3%, much less than that typically required when buying a property via the traditional route. That deposit is fully credited to you, 100%, when you complete the sale of the property.
4. You pay your agreed monthly rent plus an additional monthly option fee which is set aside and credited toward the purchase of your house. So whilst you are renting, you are also saving for your own home.  If you renovate the house during this time, such as add a new kitchen or bathroom, the value that this work adds to the house can be credited against the purchase price.
5. At the end of your Rent2own contract period, you then purchase the house and carry on living in the home you've always wanted or you can choose to walk away or even sell. 

During the period of the Rent2own contract your payments have not been wasted but contributing to you owning your own home.