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Rent to Buy

Rent to Buy homes must be let to working households at an intermediate rent to give them the opportunity to save for a deposit to buy their first home.

The homes will be offered at an intermediate rent for a minimum of 5 years.

Tenants must be working at the time of letting and have not previously owned their own home unless they have suffered a relationship breakdown.

After the initial 5 years of letting the tenant has the opportunity to buy their home at market value.

If the tenants do not exercise the choice to purchase, Hellens will retain the property as rented housing (market rate rent) or sell it on the open market.

Tenants are required to pay a month’s rent as a deposit. This will be returned in full should you wish to end your tenancy provided the property is not damaged and there are no rent arrears or if you purchase the property.

3 Greenhaugh Court £100

3 Greenhaugh Court

3 Greenhaugh Court, Portland Park, Ashington, NE63 8TQ

Property type: 2nd Floor Apartment

Number of bedrooms 2 Pets Allowed Rent to Buy
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61 Baldwin Lane £126.81 including service charge

61 Baldwin Lane

61 Baldwin Lane, Lingfield Point, Darlington, DL1 1QA

Property type: 1st Floor Apartment

Number of bedrooms 2 Pets Allowed Rent to Buy
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15 Greenhaugh Court £100

15 Greenhaugh Court

15 Greenhaugh Court, Portland Park, Ashington, NE63 8UP

Property type: Apartment

Number of bedrooms 2 Pets Allowed Rent to Buy
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11 Church View £102.16

11 Church View

11 Church View, Trimdon, County Durham, TS29 6FG

Property type: House

Number of bedrooms 2 Pets Allowed Rent to Buy
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153B Norton Road £117.38

153B Norton Road

153B Norton Road, Jubilee Gardens, TS20 2AH

Property type: House

Number of bedrooms 2 garden Pets Allowed Rent to Buy
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