Rent To Buy Application

The Rent to Buy scheme offers an opportunity for working households to rent a property for up to five years while saving for a deposit to purchase the home at the end of the rental period.
To qualify for the Rent to Buy scheme, you must meet the following criteria:
• Be aged 18 or older.
• Be a first-time buyer or returning to the housing market after a relationship breakdown.
• Be employed at the time of letting (at least one tenant in a joint tenancy must be employed).
• Have a combined gross income of less than £80,000 per year.
• Not have any County Court Judgments (CCJs) or Individual Voluntary Arrangements (IVAs)
• Be unable to afford a deposit for a home that meets your needs in the area you are applying for.
• Be able to afford the Rent to Buy property without financial hardship or reliance on Housing Benefit or the housing element of Universal Credit.
• Have the Right to Rent or Indefinite Leave to Remain if subject to immigration criteria.
• Not have any history of unacceptable behaviour that would disqualify you from social housing.
• Ensure that your household size does not exceed statutory overcrowding guidelines for the property.
• You may be asked to provide proof of income, expenses, and credit score.
Homes will be offered to applicants who show they can save for a deposit during the rental period.
This scheme is designed to help working households move towards homeownership while providing financial stability during the rental phase.
Homes will be offered on a first come first served basis.