Rent to HomeBuy 

A new pilot scheme to support first time buyers into affordable home ownership by renting first and buying later.

How does it work?

Under the scheme, eligible households earning £60,000 a year or less will be able to rent a new home at specific new build developments, provided through housing associations. The rent will be payable at a discounted rate for a limited and defined period, after which time there will be an expectation that the property will be purchased on the terms of the New Build HomeBuy scheme.

The property is rented on the basis of an Assured Shorthold Tenancy. The affordable rent will be 80% of the market rent or less. This will enable the household to save for a deposit to later buy a share in the home.

How long will the Rent to HomeBuy arrangement apply before I have to buy a share in the property?

We anticipate that the Rent to HomeBuy arrangement would last for up to 3 years, although this could vary depending on the property.

What happenes if I am unable to afford to purchase a share in the property?

When you first apply, Moat will carry out an affordability assessment to ensure that you could afford to buy if you had the required savings. Once you have reached the end of your rental term, if your circumstances have changed and you can no longer afford to buy, your landlord may review your tenancy. Please note that there is no guarantee that your tenancy will be renewed.

What properties are available for Rent to HomeBuy?

This is a new pilot scheme. Further details of available properties on the scheme will feature on our website shortly.

In the meantime, you can register for the scheme by completing our online application form.

You may also like to check www.homebuy.co.uk to search for properties with other housing associations.





Your home is at risk if you do not keep up rent and mortgage repayments or payments on other loans secured on it.

Please note that the value of properties can go down as well as up.