What is Try Before You Buy?

Try Before you Buy is a new and exciting initiative that has been designed to help people who, because of the current lack of lending, are unable to obtain a mortgage.

 

Try Before You Buy is very easy - you simply rent now and buy a share of the property at a time of your choice within the next 5 years. During the period of renting, you can expect to pay significantly less than if they were renting a similar home in a similar area from a private landlord.

 

The homes are initially rented on a periodic shorthold tenancy