Rent To Own
What is Rent To Own?
Rent To Own is an assisted home ownership programme
The cost of rent combined with the cost of living can make saving for your own home feel impossible, but we don’t think it has to be that way. Which is why we’re pleased to offer Rent to Own as a way to help you save for a deposit and make the move into your very own home.
Why Rent To Own?
Savings
Rent To Own gives you the opportunity to save towards a deposit with Bridge Booster matched savings
Stability
You get the stability of staying in your home and the reassurance of eventually stepping into home ownership
Location
Rent To Own doesn’t mean comprising; Bridge Housing offers modern homes in great locations
Pathway
Rent To Own offers a pathway to home ownership for those who need support in raising a deposit
Support
Our team is dedicated to supporting you to ensure you are on track for your savings goals to purchase your home
How does it work?
Who is eligible?
To be eligible to apply for Rent To Own you must first meet the following basic criteria:
- Current renters (may have previously owned but must then meet an asset test)
- Manageable debt that can be realistically repaid within 5 years
- Total household income less than $130,000
- At least one adult member of the household must have New Zealand Residency or New Zealand Citizenship
- The household must commit to ownership & agree to work with Bridge Housing on achieving its savings plan (financial literacy programme)