Rent-to-Buy
Rent-to-buy schemes across the UK, known by various names like rent-to-own or lease purchase options, aim to bridge the homeownership gap.
These schemes offer rental properties at discounted rates to facilitate saving for a future purchase of the property.
However, the uphill battle of saving amidst rising rents, increasing property prices, and stagnant wages presents a formidable challenge for aspiring homeowners, rendering the current rent-to-buy model economically impractical for both residents and providers.
HouseHold is at the vanguard, redefining the rent-to-buy experience with an innovative digital platform.
Our technology enables residents to purchase property equity directly, bypassing traditional saving hurdles. This secure, efficient, and cost-effective exchange, grounded in conventional legal practices, significantly alters the rent-to-buy landscape, making every pound saved a direct investment in homeownership.
The transformation brought about by HouseHold’s solution is profound. Residents transition from mere savers to active investors in their homes, capitalising on current property prices and concurrently reducing their rental burdens. This shift not only diminishes the average deposit cost by nearly 15% but also lowers the net income percentage allocated towards rent and savings by over 5%.
For housing providers, HouseHold heralds a new dawn of operational efficiency and fiscal sustainability.
Facilitating monthly ownership purchases reduces the rental subsidy burden over time and, when combined with regular rental income, can amplify profits per home by over 90%.
Rent-to-buy schemes across the UK, known by various names like rent-to-own or lease purchase options, aim to bridge the homeownership gap.
These schemes offer rental properties at discounted rates to facilitate saving for a future purchase of the property.
However, the uphill battle of saving amidst rising rents, increasing property prices, and stagnant wages presents a formidable challenge for aspiring homeowners, rendering the current rent-to-buy model economically impractical for both residents and providers.
HouseHold is at the vanguard, redefining the rent-to-buy experience with an innovative digital platform.
Our technology enables residents to purchase property equity directly, bypassing traditional saving hurdles. This secure, efficient, and cost-effective exchange, grounded in conventional legal practices, significantly alters the rent-to-buy landscape, making every pound saved a direct investment in homeownership.
The transformation brought about by HouseHold’s solution is profound. Residents transition from mere savers to active investors in their homes, capitalising on current property prices and concurrently reducing their rental burdens. This shift not only diminishes the average deposit cost by nearly 15% but also lowers the net income percentage allocated towards rent and savings by over 5%.
For housing providers, HouseHold heralds a new dawn of operational efficiency and fiscal sustainability.
Facilitating monthly ownership purchases reduces the rental subsidy burden over time and, when combined with regular rental income, can amplify profits per home by over 90%.
Join Our Vision
HouseHold’s journey in the rent-to-buy sector transcends technological advancement; it embodies a pledge to foster social equity and financial empowerment. Our mission is to democratise homeownership, making it an attainable goal for everyone. Explore how HouseHold is revolutionising rent-to-buy, one home at a time, and be part of a movement towards a more inclusive future in homeownership.