The following criteria apply to our Sale and Rent Back Scheme and to properties being purchased by us for an agreed price below market value. If you would like further clarification about our criteria, or if you would like to discuss a client's application, please phone us on 0800 612 7525.
Sale & Rent Back Scheme
- Properties must have a minimum value of £100,000 and be located in England, Scotland or Wales
- Ex-local authority houses are acceptable
- Ex-local authority flats are unacceptable
- We will not consider basement or studio flats (we may make exceptions for flats in London)
- We will not consider properties which are of a non-standard construction, or above commercial premises, or based in a remote location
- Our minimum lease term 60 years
- Properties must be free from any restricted covenants (e.g. agricultural)
- The Purchase Price to Value (PPTV) is subject to two property valuations & the monthly affordable rental payment, assessed via our product calculator, of no more than 75%
Properties purchased by us for an agreed price below market value
- Properties must have a minimum value of £100,000 and be located in England, Scotland or Wales
- Any repairs which need to be undertaken must not exceed 5% of the purchase price
- Ex-local authority houses or flats will not be considered
- We will not consider properties which are of a non-standard construction, or above commercial premises, or based in a remote location
- We will not consider basement or studio flats (we may make exceptions for flats in London)
- Our minimum lease term is 60 years
- Properties must be free from any restricted covenants (e.g. agricultural)
- The purchase price must not exceed 75% of the property's open market value
- If the property being purchased is occupied by a tenant, the Purchase Price to Value (PPTV) is subject to two property valuations & the monthly rental payment, assessed via our product calculator, of no more than 75%
The following criteria apply to our Sale and Rent Back Scheme and to properties being purchased by us for an agreed price below market value. If you would like further clarification about our criteria, or if you would like to discuss a client's application, please phone us on 0800 612 7525.
Sale & Rent Back Scheme
- Properties must have a minimum value of £100,000 and be located in England, Scotland or Wales
- Ex-local authority houses are acceptable
- Ex-local authority flats are unacceptable
- We will not consider basement or studio flats (we may make exceptions for flats in London)
- We will not consider properties which are of a non-standard construction, or above commercial premises, or based in a remote location
- Our minimum lease term 60 years
- Properties must be free from any restricted covenants (e.g. agricultural)
- The Purchase Price to Value (PPTV) is subject to two property valuations & the monthly affordable rental payment, assessed via our product calculator, of no more than 75%
Properties purchased by us for an agreed price below market value
- Properties must have a minimum value of £100,000 and be located in England, Scotland or Wales
- Any repairs which need to be undertaken must not exceed 5% of the purchase price
- Ex-local authority houses or flats will not be considered
- We will not consider properties which are of a non-standard construction, or above commercial premises, or based in a remote location
- We will not consider basement or studio flats (we may make exceptions for flats in London)
- Our minimum lease term is 60 years
- Properties must be free from any restricted covenants (e.g. agricultural)
- The purchase price must not exceed 75% of the property's open market value
- If the property being purchased is occupied by a tenant, the Purchase Price to Value (PPTV) is subject to two property valuations & the monthly rental payment, assessed via our product calculator, of no more than 75%