Rentplus-UK

Rentplus provides desirable new homes to our partner housing associations for tenants with ownership aspirations, by attracting long-term institutional investors to a socially responsible product that supports employment and creates thriving communities. Properties are let at affordable rents by our partner housing associations, in compliance with Homes and Communities Agency and local standards. Tenants who seek ownership have the benefit of time and can build a good credit score, then are helped to buy their Rentplus home with financial advice and a gifted deposit. This secure, flexible complementary affordable housing product aims to help tackle the housing crisis and is a direct response to the enduring popularity of purchase over renting for households that are unable to save a deposit, for example from taxed income. Research by the National Housing Federation has suggested that first-time buyers must now pay ten times the deposit needed in the early 1980s, in real terms. D...