Are you currently stuck in rental accommodation? If you're a tenant seeking a strategic 3-5 year exit plan to transition into homeownership, our services are tailored to support you. With our assistance, you can continue renting the home you intend to purchase, paving the way for your journey towards property ownership.
We help tenants become homeowners with a tenant buyer scheme. This allows tenants to rent a home for a period of time before purchasing and becoming the legal owners of this home.
Subsequently, we help sellers gain greater income from their property by following this process, with them receiving rental income as well as the money from their sale.
We believe in offering a solution which is mutually beneficial to the tenant buyer and the seller. We can advise and facilitate this entire process - taking the stress of buying and selling away from both involved parties.
Please reach us at if you cannot find an answer to your question.
As a tenant buyer, you agree to purchase the property you are renting at a time in the future but for an agreed price today. All the work you do on the property is to your own advantage and whilst renting, you have time to save for the deposit and if required, build enough credit score to qualify for a mortgage. You will know exactly how much deposit you need to save and how much mortgage you will need to qualify for.
Any person at any age can become a tenant buyer, providing you can afford the rent, you can save for the deposit and qualify for the mortgage in the future.
We have a discussion how best to proceed forward for the tenant however one option would be the tenant remains renting the property.
The seller gets a guaranteed sale at the agreed asking price, the property is taken over by the tenants who begin paying rent, so the seller gets an income and a sale but can negotiate when the sale takes place. This could be for a landlord who is selling up and wants to stagger the sales for tax saving purposes.
The agreements are legally binding so the seller is legally obliged to sell.
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Kirby Property Investments Limited is a member of the National Residential Landlords Association and the Landlords National Purchasing Group.
Kirby Property Investments Limited is not registered with the Financial Conduct Authority (FCA) therefore the Financial Services Compensation Scheme does not apply. All of your money may be at risk because Kirby Property Investments Ltd cannot predict the future of the property market however we will do everything in our power to make those financial decisions that will not only protect and benefit us, but also our investors. We like to work with sophisticated investors who are willing to accept certain levels of risk however we advise you that if you are unsure, you should first speak to an independent financial advisor.