Help to buy advice
Rent to buy
This scheme is designed to help those move from renting to buying a home by providing subsidised rent.
It is also known as Rent to Save, Rent to Own or Intermediate Rent.
With Rent to Buy you rent a newly built home at approximately 20% below the market rate for up to five years (exact period of time varies by property).
During that time period, you have the option to buy the property or to buy part of the property under a shared ownership scheme.
When you get to the end of the time period, you either have to buy part of the property or move out.