Rent To Buy Solutions

What We Offer

RENT TO BUY SOLUTIONS

  • Clients who don’t qualify for a bond now, because of their credibility. They must have the affordability to purchase.
  • Must have a deposit.
  • During the Option Period, the Purchaser will rent the property and assume the responsibilities of a property owner and he/she will pay:
  • Rent equal to his/her intended bond instalment.
  • Rates, taxes and levies and will be responsible for the maintenance of the property as if he/she was an owner.

Example: Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as real estate property is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.

A rent-to-own transaction differs from a traditional lease, in that the lessee can purchase the leased item at any time during the agreement (in a traditional lease the lessee has no such right), and from a hire purchase/ instalment plan, in that the lessee can terminate the agreement by simply returning the property (in a hire purchase the buyer has a limited time, if any, to cancel the agreement).

If a Client have Affordability and not Creditability, you should qualify for a Rent to Buy product.

Apply Now

Amount of properties owned: 1