Rent to Buy is a government scheme that aims to make it easier to transition to homeownership. The scheme helps working households by allowing them to rent a property at below the local market rent. This discount help makes it easier to save for a deposit so they can buy the home in the future.
We have 24 Rent to Buy properties at Marina Gardens in Portishead. For more information about the properties, visit our Sales website.
How does Rent to Buy work:
Homes are made available to rent at a reduced rate of 80% of local market rents for up to five years.
During the reduced rent period, you're expected to save towards a cash deposit. This helps prepare you to buy the home later, either outright or through shared ownership.
Who can apply for Rent to Buy?
To qualify for Rent to Buy, applicants will need to be in a working household and earning less than £80,000 per year.
Rent to Buy is designed for first-time buyers and for people who are getting back on the property ladder
How to apply for Rent to Buy?
Our Rent to Buy properties are advertised on our sales website: sales.alliancehomes.org.uk. If you’re interested in the scheme, you can register for updates here, so you don’t miss updates.
We’ve also put together a list of frequently asked questions about the scheme, which you can read here: sales.alliancehomes.org.uk/rent-to-buy.
Contact us
If you have any questions about Rent to Buy, contact us by:
- Calling us on 03000 120 120
- Emailing act@alliancehomes.org.uk
- Send us a message through Live Chat on our website
- Complete a ‘Contact us’ webform
- Write to us at Alliance Homes, 40 Martingale Way, Portishead, BS20 7AW.
Patrycja's story
"It’s a great relief to be able to plan for the future and to see homeownership as an option.”
Discover how Rent to Buy has helped customers like Patrycja and her family take their first step towards homeownership in a community they love.