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Rent to Own Programme in UK – How does it compare to Rent to Own in South Africa?

24 Oct

RENT-TO-BUY IN THE UK

– DEDICATED PROGRAMME TO HELP ASPIRING HOME BUYERS TO ACQUIRE THEIR OWN HOMES –
HOW DOES IT COMPARE WITH RENT2BUY IN SOUTH AFRICA?

We are proud that we developed the Rent2buy concept into a fine product in South Africa.

The three main criteria to raise a home loan remain the following:
• a good credit profile
• affordability to pay back the loan
• a deposit.

Lending institutions prefer the borrower to have a deposit available when they apply for a home loan. On average the banks require a 15% deposit towards the purchase of your home.

The focus of the Rent2buy program developed by Meyer de Waal is structured to assist the Rent2buy buyer to improve a credit profile, measure and test affordability and also save towards a deposit during the rent2buy period.

We look forward to the day when the South African Government or large corporations can be as innovative as the product launched the United Kingdom – where they have actually launched an initiative to assist aspiring first time home owners to pay rent below the market value, to enable them to save toward a deposit. For a copy – email meyer@irent2buy.co.za

Rent2buy received wide recognition in South Africa and we already have a structured manner in how to “save towards a deposit” with the Rent2buy concept.

The media cover includes:

• Private Property
• Real Estate Investor Magazine –
• Property 24 CLICK
• The Mortgage Magazine

email meyer@irent2buy.co.za to obtain the media articles or

To receive more information about the Rent2buy Concept and to view the F A Q Brochure or to buy or sell your own home on rent2buy – contact Meyer meyer@oostco.co.za

 
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Posted by on 24/10/2014 in Content

 

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