Hey guys.
Just wondering if anybody has participated in a RENT TO BUY scheme? With a housing association? I’m not talking about individual landlords who sometimes let their tenants do it (which I’ve heard horror stories about) but the actual government scheme? It’s mainly new build properties that are being built.
I just have a few questions and as I feel like it’s fairly new and is taking over shared ownership (even though it basically advances into that) and I don’t know anybody who has done it to ask.
What did the affordability assessment entail and did you need an agreement in principe or mortgage in principle from the get go … as heard conflicting things on this!
thanks in advance! x