Rent To Buy
Rent to Buy is one of the easiest and most profitable way to sell a house to an existing tenant. After all they already live in the property and you don’t have the hassle of it being empty for periods of time not producing any income and all the viewing’s that go along with selling a property.
You have a secure 7-year tenancy without the worry of voids or serving eviction notices.
The tenant-buyer is responsible for all maintenance costs. Which means less outgoing costs for the landlord.
There are several people on the rental market that are looking for Rent To Buy properties.
The rent is paid on time every month in addition to a monthly deposit top up which builds up as the mortgage deposit.
The tenant-buyer purchases the property at the end of the option period for the agreed purchase price.