Rent-to-buy (or rent-to-own) agreements allow you to rent a property for a set period—typically 1 to 5 years—with the option or requirement to purchase it later. These schemes are often designed for those who cannot yet secure a traditional mortgage due to credit issues or a lack of a down payment.
While specific terms vary by country and provider, most agreements share these core elements: Rent To Buy Scheme: How Does It Work? homes rent to buy