Owning a home may be a much more achievable goal for many in the UK, thanks to a new “Rent-to-Buy” program offered by Birdview Properties.
June 8, 2023
Birdview Properties, a leading UK-based Property Management company, is set to reshape the landscape of property ownership with its innovative approach to rent-to-own properties. The company aims to allow individuals to become homeowners without the burdensome requirements of traditional mortgages, hefty deposits, or credit checks.
“We match a tenant who wants to become a homeowner with appropriate properties,” commented a spokesperson from the real estate company. “We work in all areas of the UK and a typical house can be purchased in three years while paying above market rent to achieve a reduction on the asking price. It is really a win-win for all involved.”
Owning a home in the UK has long been a challenge, especially for those facing financial constraints, mortgage rejections, poor credit ratings, or individuals new to the country. Birdview Properties has developed a revolutionary “Rent to Own” program that offers 100% home ownership within the next five years, making it an easily accessible option for aspiring homeowners.
Here’s how the process works:
“Option to Buy”: Potential homeowners are granted the option to purchase the property at its current market value over a predetermined term, typically ranging from two to five years.
Agreed Rental Price: Participants in the program pay a simple monthly rental price that is agreed upon for the duration of the term, usually five years.
Flexible Purchase Timing: Homebuyers have the freedom to exercise their option to buy the property at the agreed price whenever they qualify for a high street mortgage.
Seizing the Opportunity: Once qualified for a mortgage, buyers can exercise their option to purchase the house at the agreed price, enabling them to fulfill their dream of homeownership.
Profits and Flexibility: If the buyer decides not to purchase the property, they can sell it and benefit from any potential gains, offering a straightforward and flexible approach to property investment.
Birdview Properties aims to address the obstacles that many prospective homeowners face, ensuring that the dream of owning a home becomes a reality for individuals across the UK. By eliminating the need for hefty deposits, rigorous credit checks, and traditional mortgages, the company’s rent-to-own scheme offers an inclusive and accessible pathway to property ownership.
With a mission to revolutionize the property management market, Birdview Properties is committed to helping individuals achieve their homeownership goals. The company is reshaping the industry and empowering more people to enter the UK housing ladder through its innovative rent-to-own approach.
For more information about Birdview Properties and their rent-to-own properties, please visit their website at tenantbuyertoday.co.uk.