TENANT BUYERS

G12 HOMES is pioneering a flexible approach to help you get on the property ladder in today’s difficult market. It means you can move into your new home within days without needing to have a mortgage or deposit.
Instead you can rent your new home and we give you a three year period in which to buy the property, allowing you to ‘try before you buy’.

To kick things off, you need 'getting started money', this is usually about 3% to 5% of the purchase price. This fee, we call it an 'option fee', gives you the right to buy your home this way. This money also comes off the purchase price at the end.

The monthly rent we charge includes a rent credit. This is an extra 20% to 25% extra on top of the normal market rent which comes off the purchase price as well. The purchase price is agreed at the start of the rental process.
You also get to keep any extra equity over the agreed purchase price when you eventually buy your home.

The scheme is so flexible it allows you to make extra 'rental' contributions every month which come off the eventual purchase price.
And should your financial circumstances change for the worse during the rental period, then you can choose not to exercise the option to buy.

The whole process is legally underwritten to protect you. This system has been popular in the US, Canada and Australia for years and has recently been introduced into Scotland.

How It Works

Benefits

FAQ