Rent to Buy is one of a number of homeownership schemes that are endorsed by the Government. It is designed to enable people to rent a home for a period before buying it, and to save for a deposit in the meantime.
Rent to Buy allows buyers to rent a property for up to five years at a discounted rent. At the end of the rental period, you can then buy the property. The idea is that the money you have saved in rent over the renting period can be put towards a deposit to then buy the property.
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