Renting 2 Buy was founded by a team of financial advisors who see everyday Australians as their focal point as opposed to hig ... h net worth Australians. After many years of reviewing our clients’ income and budgets to facilitate their goal of home ownership, we’ve picked up on the same central issue: They could afford the mortgage repayments but not the deposit. The average Australian takes up to 10 years to save for their first home deposit¹ and pays approximately $500/week on rent.² By the time they’re ready to commit to paying down their own property, they’ve already wasted away about $260,000 paying off their landlord’s mortgage. Renting 2 Buy was established to facilitate a pathway for those who can afford to own a property and to purchase one as soon as ethically possible. We’re not a renting-to-buy facility. Our process ensures clients own 100% of their property from day one. Historically, rent to buy has been high risk. But we seek to change this perception. The conventional rent to buy system exposes the purchaser to a vendor who raises prices, changes their mind, and possibly go bankrupt - forfeiting the asset that the purchase has been working towards. We are yet to heard of a conventional rent to own system that goes well through and through. We at Renting 2 Buy, do things differently. You will own your house from day one, just like a standard mortgage. Your dream of homeownership is realistic. We currently serve Australians in New South Wales, Queensland, and Victoria. And continue to grow. read more
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