Open the door to an affordable new home
At Torus Homes we understand that buying a new home is one of the biggest decisions you make in life.
With affordable purchase options, plus developments across the region, we’re here to help make your dream a reality.
Save for your first home with Rent to Buy and discover homes in our latest developments now*
What is Rent to Buy?
- Rent to Buy is a government backed initiative that allows eligible working people to rent a newly built home at 20% less than market rent whilst they save for a deposit to buy
- 5 years after the property was built, you can apply to purchase the property. If during the initial 5 year period you request to purchase the property, we can only sell it on a Shared Ownership basis.
Who is Eligible
- You must be in employment, be able to pay a deposit up front and prove that you will be able to afford the monthly rent payments
- You will need to complete our application form, provide supporting information and satisfy any landlord reference and credit checks and have the Right to Rent a home in the UK.
- Be a first time buyer or returning to the market (eg after a relationship breakdown)
What are the benefits?
- Reduced rent enabling you to save for a deposit
- Rent to Buy applies to new build properties, so you can get the home of your dreams, quicker than you thought!
How to apply
*Rent to Buy is available to eligible applicants and specific criteria apply. Your tenancy will be a risk if you do not keep up payments of rent.