Various banks are making the life of an average property buyer difficult. Even if people want to buy property, unavailability of credit at meaningful rates means that they can not do so easily or at reasonable terms. But there is a solution.

Rent to Own

What this means that you rent the property with the view to buy at a future date. The price is fixed today and you can exercise your right to buy at that fixed price any time in the fixed period. This fixed period is often dependant upon the negotiation between the buyer and seller - but is usually be between 3-5 or even up to 7 or 10 years.

Main benefits for buyer

• As the future price is fixed, if house prices go up, it is your gain, not the seller's. You get to keep all that profit in the form of equity in that property.
• If for any reason, you decide that the property is not for you, or your circumstances or needs have changed then you are free to walk away. However seller can not change his mind.
• This is a legal contract which gives the buyer the right to buy that property at the pre-determined price. However the buyer is not obliged to buy it if he does not want to.
• If you can find a property where you can enhance the value by doinng some interna work (e.g. new bathroom or decoration etc) then it helps bring the value of property up - your gain.
• Time frame gives buyer to sort out their own finances and/or the credit rating to raise mortgage for the t ime when they are ready to buy.
• This takes the guess work out of the property price game. Yo have a specific target to ork towards. Most people find it useful rather than wondering from year to year.

It is possible to get all sorts of  properties to rent with a view to buy. Old to new, victorian to built after the war, houses to good quality flats - they are all possible in many areas.

Stunning Example of Rent to Own property

The property featuring in video is available in Chatham (Kent) for rent to own. The video gives an idea how amazingly stunning this property is, and ready to move in at the time of writing. Located very close to town centre, historic dockyard, emerging water front night spots of new Chatham as well as motorways, the location is ideal for a professional living. 

Any enquiries about the availablity of this property to rent to own can be sent to the BMV Club direct by visiting theior site and then filling in a form or sending an email.