Rent to Buy
Ultimate Homes & Finance is pleased to offer a unique service to customers which provides the opportunity to rent a property for an agreed term with the option to purchase inclusive of incentives.


Rent to buy
Assisting first time buyers onto the property ladder. Ultimate Homes & Finance offers those who need help onto the property ladder the opportunity to rent a property with a view to purchasing it in the future. Rent to Buy has many benefits for those wishing to take a break from the financial commitments of a mortgage but who do not want to loose their place on the ladder.
Some of the benefits include:
- Financial Flexibility
- Fixed Rental Payments
- Discount off purchase price
This is a tailored service where Ultimate Homes and Finance set the rental payments at the outset ,which means you can plan your monthly outgoings and sit back and enjoy your home. You will be able to view all properties that are available on 'the rent to buy' scheme. Any properties available will be marked on property search results. The process is simple. If you see a property that is available on rent to buy then setting this up could not be easier.
Joining the rent to buy scheme follows a similar process to applying for a tenancy. The only difference is that you have to be pre-qualified for a mortgage facility. Again, Ultimate Homes & Finance can deal with this for you.
With rent to buy Ultimate Homes & Finance will agree with you your monthly rental figure for the property. We will also agree with you in advance, the term of your fixed period rental agreement along with the qualifying rental rebate that we will offer you which can be used as a deposit paid or discount towards purchasing the property at the end of the agreed fixed rental period.

Example:
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If the properties expected market valuation is £149,950
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and the rental on the property is £750 per calendar month
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Your fixed term rental period agreed is 24 months
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The rent rebate agreed is 14 months
then enter the above details into the ''rent to buy calculator' below to find out the discount that you could receive off purchasing a property when your agreed rental term has expired. In this case the discounted amount would be £10,500 giving you an anticipated purchase price of £139,450.




