Rent To Buy Uk Government • Recent

The 20% savings are intended to be set aside as a deposit for purchasing the home.

There is currently no direct "Rent to Buy" equivalent; check alternative schemes like the Open Market Shared Equity Scheme. Rent to Buy Schemes UK - April 2026 | Uswitch rent to buy uk government

Known as London Living Rent , where rents are set at roughly one-third of average local household incomes. The 20% savings are intended to be set

You must demonstrate you can afford the rent while simultaneously saving for a deposit. You must demonstrate you can afford the rent

Homes are generally let for a minimum of five years .

While the standard scheme has no national maximum income, specific variations like London Living Rent (for London residents) apply an income cap, currently £67,000 . Regional Variations The scheme operates differently across the UK:

The "Rent to Own Wales" scheme is currently closed to new landlords, though some existing properties may be available.