If you would like to contact Rosa Homes, you can do so a number of ways.

postBy Post

Rosa Homes,
Harrison Street, Wakefield, WF1 1PS.


faxBy Fax

01924 363595


telephoneBy Telephone

0845 077 0027


Rent to Buy

The ‘Rent to Buy’ is the ideal scheme for those who aspire to own their own property, but may need some time to save up a deposit or experience living in your own home before you commit to purchasing. The scheme is a Government initiative that allows you to rent out a brand new or refurbished property at a discounted market rent (referred to as Intermediate Rent) with a view to purchasing the property within a set timescale. You can’t go wrong if you take advantage of this fantastic initiative!

Rent to Buy refers to a discounted rent, 20% lower than the open market rent, allowing you to save for a deposit and purchase your home at a later date through the Shared Ownership Scheme.

You must demonstrate your ability to purchase at a later date, before you can be allocated a property. A full financial assessment will be carried out by Rosa Homes to ensure you are eligible for Rent to Buy scheme.

The procedure for assessing an Rent to Buy applicant is similar to the assessment used in the case of Shared Ownership and each applicant must be able to demonstrate their eligibility to purchase.

Applicants are assessed by the Local Help To Buy Agent using the following eligibility criteria:

  • The applicant must not be able to afford to buy a suitable property on the open market
  • Applicants must be able to afford 80% of the local market rent without further assistance e.g. housing benefit
  • Applicants should make a commitment to enter home ownership through low cost home ownership products in the short to medium term (within five years) and be able to demonstrate how the discounted rent will enable them to save a deposit.

In addition to each applicant being assessed by the Local Help To Buy Agent, Rosa Homes also make a financial assessment and require the following supporting documents:

  • Wage slips / accounts
  • ID / Proof of address
  • Bank Statements

Allocation will also be subject to credit checks and satisfactory references.

If you would like further information about Rent to Buy please contact us or your Local Help to Buy Agent.



Footer Image