Newsplus Winter 2023/Spring 2024

Mar 4, 2024
Our Newsplus newsletter is here!

It has been over seven years since we completed our first schemes in Dorset and Plymouth. To date, Rentplus has delivered over 600 homes on 37 different schemes with 10 housing provider partners across 27 different local authorities. Over 1,400 people now live in a Rentplus home.

Rentplus provides affordable rent to buy homes to key workers in our communities that would otherwise not have the opportunity to work towards owning their own home. The data shows that typical Rentplus occupants are likely to be hard-working couples in their late 20s or early 30s with children. They live on a below-average household income and will be a key or essential worker, working for the NHS, in Education, Retail or Manufacturing. They were living in existing social housing or the over-expensive private rented sector and were unable to save for a deposit. Many were on the local authority housing waiting list but were unlikely to be provided with an affordable home due to their level of housing need.

Many in social housing turned down the chance to effect their Right to Buy because they did not like the home they had been living in, or it was not in the right area. They chose to give this up to move to a brand new home in an area they liked. All have a real passionate aspiration to own their own home, but their pathway was blocked because they didn’t have a deposit and little or no spare income to save towards one.

Rentplus gives families a real chance by providing them with the quality home they need now when they need it most, and in the area where they want to live. It gives them a real opportunity to save for a deposit while paying cheaper rent, and provides support from their local housing association to maximise their income and savings. With the benefit of the 10% gifted deposit from Rentplus when they come to buy their home.

Rentplus is an unique, real, and genuine opportunity for them to realise their aspiration and eventually own their own home – something that would have been impossible for many of our families any other way.


Read our full Winter 2023/Spring 2024 newsletter below –
Newsplus Winter 2023 /Spring 2024

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