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.
Read our 10 Steps to Rent to Buy
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
To apply for Rent to Buy, please complete the appropriate application form:
Rent to Buy – Single Application
Rent to Buy – Joint Application
To find out more about Rent to Buy and available properties please read our Rent to Buy Guide or get in touch.
*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.