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Monday, 26 April 2010

Rent To Buy | The Little House Company

Rent To Buy | The Little House Company: "Rent to Buy is an option that allows those struggling to get a mortgage to buy a property after renting it for a set period of time under a lease agreement.The tenant/buyer pays rent for the property and has the legal right to buy it within an agreed timescale for an agreed price.The rent paid can then be put towards the deposit needed for a mortgage. Depending on the length of the rental agreement tenant/buyers may find that after their rental period ends the value of their home means they have instant equity."

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