The rent to own forum, read and share views / questions with others at simple2buy.co.uk/forum

What is Rent to Own?  Put simply it is a new way of buying a property where you start out as the tenant, then end up as the owner. 

For tenants it has the advantage that you can save for your deposit whilst renting, and at the same time live in the property which you will one day own!

For the seller it has the advantage of not leaving the property empty for months whilst looking for a buyer, you get a pre-agreed fixed price and in the mean time a rent income which covers the mortgage and maintenance costs.

To make this work for both the property buyer and the seller a legal contract is required, this contract is commonly known as a “lease option”.

We have set up a category for rent to own on this blog where you can read more posts about this new and rapidly growing way of buying and selling a property.

There is also a forum set up with a range of topics covered including a Q&A section where you can ask questions.  The forum is Simple2buy.co.uk/forum