The Rent to Buy scheme is a discounted rent then buy scheme, offered to support our customers in getting onto the property ladder

Part-funded by Homes England, the ultimate aim of the scheme is to allow you to take advantage of the reduced market rent in the 5-year term, allowing you to save for a deposit. After 5 years, if the property is not purchased, the rent will increase to be in line with full Market Rent.

Rent to buy timeline

Here is the typical example timeline of the Rent to Buy process


After 1 year

You have the option to purchase a share of the property. This will be based upon affordability and you’ll need to qualify with one of our Independent Financial Advisors.


At the end of the 5-year term

The Homebuy Team will be on hand to help you in purchasing the property outright.

The 4 key eligibility requirements for this scheme are:

  • The property must be your only home
  • At least one member of your household needs to be in paid employment
  • The rent should utilise 25% - 45% of your household income
  • If you’re an existing homeowner, you may be eligible, for example, if due to a relationship breakdown.

The 3 Step process is outlined below:

  • Request and complete a Rent to Buy application form and return it to the Sales and Marketing Team by emailing
  • A Financial Advisor will contact you. You’ll need to provide the documentation they require
  • Once you’re financially approved, you can choose your new home!

Next steps

To receive a Rent to Buy application form, please contact our Sales and Marketing team at

For more information call us on 0191 223 8749