• Willow Tree Housing Partnership

  • Langdon View Wembury Devon PL9 0FA South Hams

Total rent £ 155.34 Weekly

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Description

Rentplus rent-to-buy two bedroom / 4 person end terrace house with gas heating, own garden and allocated parking space. The rent is £155.34 per week, the first months rent of £686.09 would be required prior to tenancy start. This property is available for an initial agreed rental period of 2 years and 6 month (until May 2027) and would then be sold at that time, ideally to the tenant. Those assessed as a one bedroom need may also bid on this property.

PLEASE ENSURE YOU MEET THE REQUIREMENTS FOR THE RENTPLUS SCHEME AND THE LOCAL CONNECTION BEFORE YOU BID.

Rentplus is aimed at people who aspire to home ownership. RentPlus properties are rented at an affordable rent (80% of market rate) for an initial agreed period. At the end of the agreed period the property is sold, ideally to the existing tenants who will also be given a gifted deposit by RentPlus equal to 10% of the sale price. For general information about RentPlus please go to www.rent-plus.co.uk

You will need to meet the criteria for the scheme in order to be considered:

  • In work, training for a qualification or otherwise able to show how you will be able to buy the property at the end of the agree rental period.
  • Have a household income of less than £80,000 per year.
  • Willing and able to save for purchase costs and deposit during rental period, whilst paying rent and household expenses.
  • Able to show a clear plan for being ready to buy the property in May 2027
  • Meet the local connection requirement.

Rentplus is aimed at people who aspire to home ownership, so an affordable rent (80% of market rate) is charged for an initial agreed rental period after which the property is sold, ideally to the existing tenants who also receive a 10% gifted deposit.

Key facts

Location