Rent to Buy
Winchester Housing Trust in partnership with Rentplus
Winchester Housing Trust is proud to offer the first affordable rent to buy homes in Hampshire.
What is Rentplus?
Rentplus is a national award winning rent-to-buy scheme. It offers those who are working and who aspire to home ownership, the real prospect of achieving their goal of buying their own home, without the need for any initial deposit.
And when they are ready to buy their home, Rentplus gifts tenants 10% of the sale price towards their deposit.
How does Rentplus work?
Tenants pay a discounted rent for a minimum of 5 years (at 80% of the open market rent), giving them time to build a good credit rating, and save towards their house purchase. With agreement from Winchester Housing Trust, tenants may choose to extend tenancies to rent for up to 20 years but have the option to purchase 100% of their home after 5, 10, 15 or 20 years: this will be agreed at the start. When ready to purchase, tenants are given a 10% gifted deposit from Rentplus towards their deposit.
Am I eligible?
These are rent-to-buy homes: applicants must be registered with Hampshire Home Choice. They must be working and have aspirations to buy their own home within a 5, 10, 15 or 20 year period. As agreed with the local authority, priority will be given to those who can demonstrate a local connection to the area.
Our Rentplus properties will be advertised on Hampshire Home Choice, a lettings system that allows registered social housing applicants to bid for their property of choice. You will need to be registered with HHC to bid for a property, when it becomes available.
When the homes are close to completion, details will be available on Hampshire Home Choice, Winchester Housing Trust’s website and Rentplus website.
How do I apply?
If you are ready to apply for a property you can download an application form here: WHT Rentplus Application Form
Please print the form, fill it out, sign it, and return to:
Winchester Housing Trust
Data will be held in compliance with GDPR.