How Does it Work


  1. After viewing the property the tenant-buyer pays a commitment fee to secure the property and can normally move in within a week. We agree the figures and draw up all the legal paperwork.
  2. The tenant-buyer then pays rent as a normal tenant would but in addition will pay a “top up”. The top up is paid into a secure client account with full client protection and fidelity insurance so there’s no need to worry about the deposit.
  3. The monthly top up builds up an amount which goes towards the mortgage deposit when the tenant-buyer comes to purchase the property at some point in the future. They can buy the property in a week, one year or at any other point within the agreed time period.
  4. The purchase price is fixed before the tenant-buyer moves in. This does not alter within the agreed time period under any circumstances. We always get a RICS valuation so we know the current market value and agree a fair increase in the purchase price, normally 4% each year of the option. This is based on historical house price data over the last 25-30 years so we know it’s a reasonable amount.
  5. The time period is always between 5-10 years and both the Landlord and tenant-buyer agree the time period before the tenant-buyer moves in.
  6. After the agreed time frame, the tenant-buyer should have enough top up saved in our client account to purchase the property. They will normally have between 10-20% deposit of the agreed purchase price saved up.
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