FIVE YEAR PLAN
(the contracted period)
(Backed by Mortgage Rescue Scheme)
After up to 5 Years as a tenant
you have 4 options:

You or a family member can buy your house back. We will work with you to get your finances and credit rating back on track. You may not need to find all the funds to repurchase your home. You will pay the price agreed at the outset as determined by independent valuation so any increase in the price will be yours. Ask your landlord.
If you decide to leave the house after five years, you can ask for the house to be sold on the open market. Following the sale you will receive a percentage payment to enable you to move on.
You may continue living in the property as a tenant. Your tenancy will become a normal tenancy and you will no longer have the opportunity to buy the property back. Provided you adhere to the terms of the standard NLA tenancy agreement, you will be able to stay for as long as you wish. Please note that the rent will increase once the contracted period is over
You can request a move to another property, e.g. you could move somewhere smaller or to a different location. We will do our best to accommodate this request.