Rent to buy properties for first time buyers
Six energy efficient, new build properties
Calico Homes are piloting the rent-to-buy scheme in Burnley with the aim of helping first time buyers or renters to get a foot onto the property ladder.
Kinross Street development, costing a total of £9.5 million, will see 61 new homes built in the Hargher Clough area of Burnley.
Six of the 3-bedroom properties now being completed will be available under the rent-to-buy scheme and have been ‘future-proofed’ with solar PV panels to provide electricity and electric vehicle charging points.
Criteria
The rent-to-buy houses will be processed on a first come, first served basis and customers must meet the criteria which has been set out by Homes England.
To meet the criteria, customers will have to prove they have the financial capability to buy the house five years after moving in. Other requirements include: must be a first-time buyer, aged 18 and over, have a right to live in the UK, and that the family size must be appropriate for a three-bedroom house. Preference will be given to those who have been living in Burnley for the past 3 years.
Register your interest
If you are interested in one of our 6 rent to buy properties, please fill in this application form and return to: Development@calico.org.uk