Rentplus- Rent, Save, Own
Rentplus is the leading provider of Affordable rent to buy homes, providing an accessible route to home ownership for those who cannot afford a sufficient deposit. Homes are fully funded by Rentplus with institutional investment and managed by Registered Provider, Council or ALMO partners on a 20 year FRI lease.
Tenants pay up to 80% market rent (inclusive of service charges) for defined periods of 5, 10, 15 or 20 years and receive a 10% gifted deposit from Rentplus to supplement savings when purchasing their home.
Rentplus aims to deliver a minimum of 5,000 affordable homes across England by 2020. The company already has completed Affordable rent to buy homes in Devon, Dorset, Gloucestershire and Oxfordshire complementing sustainable mixed tenure developments. Â Rentplus ambitious plans support accelerated delivery of new market and affordable housing, to address the housing crisis and provide greater local choice of housing solutions.