Strathclyde Homes Introduces A Unique 'Try Before You Buy' Scheme

Strathclyde Homes is introducing a unique 'try before you buy' scheme, called Rent to Buy at its developments at Clyde Riverfront, Yoker; The Link, Clydebank; Love Leith, Edinburgh and Scholars Gate, Bathgate.

It means homebuyers can rent their selected home for up to 18 months and then, if they are happy, can buy it. At the end of the 18 months rental period, or at any time up to that period, if the purchaser/tenant opts to complete the sale, a figure equal to 50% of the 18-month rental sum will be given as a cashback to the purchaser/tenant.


Strathclyde Homes sales and marketing director, Neil Gaffney said: "Our scheme is designed to get homebuyers into their new home as quickly as possible. It allows them to save towards a deposit while they are living in the new home they will eventually own.

"As an added assistance we will arrange for our mortgage broker to visit our new tenants to offer help and advice for mortgage options later in the rental term. The rent will be set at a fair rent for that type of property, and with half of it going back to the tenant, it's a win-win for homebuyers."

The selected properties will be contracted on a lease period of 18 months, will come unfurnished, but will include carpets, light fittings and curtains/blinds. The rent for individual properties will be available from the on-site sales executives.

A limited number of properties will be available on each development but Strathclyde Homes and its joint venture partners reserve the right to alter the number of properties available without notice.

(GK/JM)