Steps to renting through the Rent to Buy scheme
Rent to Buy is a great way of aspiring homeowners to save towards a mortgage while being able to settle in a new build home.
1. Register with Help to Buy
If you're ready to take the next steps towards renting a new build home, register with your help to buy agent to get started
If you are based in the South of England, please contact:
Help to Buy Agent 3
Covering Bedfordshire, Berkshire, Bristol, Bath, Somerset & Mendip, Buckinghamshire, Cambridgeshire, Cornwall (including the Isles of Scilly), Devon, Dorset, East Sussex, Essex, Gloucestershire, Hampshire & Isle of Wight, Hertfordshire, Kent, Norfolk, Oxfordshire, Suffolk, Surrey, West Sussex, Wiltshire.
Step 2. Contact Us
Once you've found your ideal home, complete the 'Ask for Details' enquiry form on the property listing and send your Help to Buy reference, application form, ID, 3 months bank statement and payslips to firstname.lastname@example.org
Step 3. Credit reference checks
We will get in touch with you to ask your consent to pass your details on to a third party letting agent to carry out credit reference checks
Once these checks have been passed we will send you an offer letter for your chosen plot.
4. Getting ready to move in
The next steps will include signing the Options Agreement, arranging a viewing at your property and completing tenancy sign up paperwork.
5. Pay your deposit
You will be required to pay a deposit equivalent to 5 weeks rent, which will be protected within the DPS scheme.
6. Paying your rent
You'll start paying your rent from the date agreed on your tenancy, if you sign your tenancy mid-way through the month, you will only be required to pay the amount for the remainder of that month, and then full monthly payment will begin the following month
6. Move in day!
You'll get the keys to your new home and you will be able to start saving towards eventually purchasing it.