NEW: Rent to Buy homes at Mosterton
New Rent to Buy homes have just become available at The Bushels in Mosterton.
The properties are available on Stonewater Homes‘ development, near Beaminster, in west Dorset.
Under Rent to Buy, residents rent the property for five years and then are able to purchase it.
The rent is set at 80 per cent of the market rate, allowing residents to save money towards a deposit to buy the property.
Rent to Buy is becoming increasingly popular as a way for people to get on the housing ladder.
Stonewater is building 36 properties at The Bushels, including a mix of low-cost rental, shared ownership and Rent to Buy houses and bungalows.
Stonewater is financing the new development with additional £1,222,542 funding from Homes England (formerly the HCA) and £180,000 from the Recycled Capital Grant Fund (RCGF).
It has been working with the council and main contractor Acheson Construction to deliver the scheme.
Stonewater is a social housing provider which aims to provide good quality affordable homes for people who need them most.
Opening Doors aims to encourage the construction of 20,000 more homes of all tenures by 2033 across north, south and west Dorset.
Don’t forget to sign the Opening Doors Home Ownership Register for latest details about new homes for sale and rent.