The Rent to HomeBuy scheme is a pilot product introduced to offer additional help to first time buyers who are struggling to get a mortgage or to save for a deposit. With Rent to HomeBuy you:
- Rent a new build property in certain areas at 80 per cent of the market rent for a fixed length of time.
- Rent on the basis of an Assured Shorthold Tenancy for up to 5 years.
When you have finished renting on the terms of the Assured Shorthold Tenancy you can make the first offer to buy the property under the New Build HomeBuy scheme.
A HomeBuy Agent will then make an assessment of what share of the property you can afford to buy and maintain payments on under the New Build HomeBuy scheme.
If the assessment shows that you cannot afford to buy any share because of changes in your circumstances, your landlord will review your tenancy but there is no prior guarantee that it will be renewed.
Rent to HomeBuy is available on a number of Housing Association schemes across the East Midlands. Those properties currently available can be viewed via the search facility on this page.
Details of who you need to contact to view the property etc will also be given in the information provided.
Eligibility terms will be similar to other HomeBuy products, with applicants having a household annual household income of £60,000 or less who do not already own a property, being eligible to apply.
Interested?
- Download the application form and return it to us at the address provided.
- Or contact us and we will send out an application form within 4 working days of your request:
- Telephone us on 0844 892 0112
- Email your details to emhomebuy@emha.org
- Fax us your details on 01530 276033
Please also visit the sites below which will provide more information on Rent to HomeBuy:
Rent to HomeBuy leaflet 
