Best answer


Rent-to-own schemes (also known as rent-to-buy schemes) are leasing agreements that afford renters the right to buy a home at the end of a pre-determined rental period,at a price agreed prior to signing the agreement.

People also ask


  • What is a rent to buy property?

  • Rent to Buy is a government scheme designed to ease the transition from renting to buying by providing subsidised rent for a number of years in rent to buy homes. After the time period has elapsed, rent to buy homes give you the option of buying the property outright or entering a part rent part buy shared…

  • What is a rent to own home?

  • What are rent to own homes? Rent to own homes are those with leases that include either an option to buy or a requirement to buy after a certain period of time. The rental payments include both rent and funds that contribute to a future down payment.

  • What is an option to buy or rent a home?

  • Rent to own homes are those with leases that include either an option to buy or a requirement to buy after a certain period of time. The rental payments include both rent and funds that contribute to a future down payment.

  • What is a rent-to-own home?

  • There is an alternative, however: a rent-to-own agreement, in which you rent a home for a certain amount of time, with the option to buy it before the lease expires. Rent-to-own agreements consist of two parts: a standard lease agreement and an option to buy. 1