Initial enquiry
Tell us your preferred area, household size, income, current housing costs, available upfront funds and monthly affordability.
Tenant Buyer guide
How rent with an option to buy works.
A tenancy lets you occupy the home. A separate purchase option gives you the contractual opportunity to buy it at the agreed price during a stated period.
Affordability and suitability review
We consider whether the rent, purchase top-up and normal household costs appear affordable. Checks may include identity, income, references and credit history.
Property and terms
If a suitable property and arrangement are available, you receive the proposed rent, upfront option payment, monthly top-up, option period and purchase price.
Independent advice and agreements
You review the tenancy and option-to-purchase agreement with your own solicitor and obtain appropriate mortgage or financial advice before signing.
Move in and make the agreed payments
You occupy the property as a tenant, pay the rent and make the separate purchase top-ups identified in your agreement.
Prepare to purchase
During the option period, work towards a mortgage or other suitable funding while maintaining the agreements and required payments.
Exercise the option
When ready, follow the notice procedure and deadline in the agreement. Your solicitor then handles the normal conveyancing and completion process.
Two separate roles
Tenant now. Potential buyer later.
Holding an option does not make you the legal owner. Ownership transfers only if you validly exercise the option and complete the purchase.
Before signing
Make sure you understand the purchase deadline, price, payments, repair responsibilities, default provisions, refund rules and what happens if you cannot obtain funding.
Ready to check your eligibility?
Request the application and tell us what type of home you need.