{"id":114283,"date":"2020-02-14T18:30:29","date_gmt":"2020-02-14T11:30:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-to-buy-scheme-aims-to-help-breach-the-deposit-barrier\/"},"modified":"2020-02-14T19:05:25","modified_gmt":"2020-02-14T12:05:25","slug":"rent-to-buy-scheme-aims-to-help-breach-the-deposit-barrier","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-to-buy-scheme-aims-to-help-breach-the-deposit-barrier\/","title":{"rendered":"Rent-to-buy scheme aims to help breach the \u2018deposit barrier\u2019"},"content":{"rendered":"


\nNew homes at reduced rents give first-time buyers a chance to get on the housing ladderMental health nurse Nicole Richards had been renting privately for years and had always found it impossible to save anything towards buying her first home, let alone the UK average first-time buyer deposit of \u00a346,000. But she has now moved into a brand-new property, slashed her rent bill by more than \u00a3250 a month \u2013 with most of that money being channelled into an Isa \u2013 and will hopefully be in a position to buy her home in five years\u2019 time.Richards, 27, is among hundreds of key workers who have taken advantage of an innovative government-supported scheme that is expanding across the country and aims to remove the \u201cdeposit barrier\u201d that is probably the biggest obstacle to home ownership for many on low and average incomes. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Rent-to-buy scheme aims to help breach the \u2018deposit barrier\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New homes at reduced rents give first-time buyers a chance to get on the housing...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114283","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tJh","jetpack-related-posts":[{"id":103414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-without-mum-and-dads-help-letter\/","url_meta":{"origin":114283,"position":0},"title":"Mortgages without Mum and Dad\u2019s help | Letter","date":"January 29, 2019","format":false,"excerpt":"\r The deposit-free mortgages I am proposing would be aimed at those whose net income would increase significantly by moving from renting to buying, and who are not fortunate enough to be able to draw on the \u2018Bank of Mum and Dad\u2019, writes Frank Field MPWhile Lloyds has identified the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirati-buyers-targeted-in-al-forsan-rent-to-buy-scheme-in-abu-dhabi\/","url_meta":{"origin":114283,"position":1},"title":"Emirati buyers targeted in Al Forsan rent-to-buy scheme in Abu Dhabi","date":"April 13, 2016","format":false,"excerpt":"\r \r Al Forsan, the Abu Dhabi-based sports resort and housing complex, has come up with a \"rent-to-buy\" offer targeting Emirati buyers.At Cityscape Abu Dhabi, the government-owned developer said that it was offering rent-to-buy as an option for 50 of the 385 villas and town houses it has completed in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-in-10-renters-do-not-have-the-savings-for-5-home-deposit-study\/","url_meta":{"origin":114283,"position":2},"title":"Nine in 10 renters do not have the savings for 5% home deposit \u2013 study","date":"August 2, 2016","format":false,"excerpt":"\r Vast majority of people who rent are locked out of home ownership through a lack of income and savings, says Equality TrustNine out of 10 people renting property in Britain cannot scrape together enough savings to cover even a quarter of the deposit needed to buy the average first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-residents-prefer-to-rent-than-buy-homes-turned-off-by-high-prices-propertyfinder-survey\/","url_meta":{"origin":114283,"position":3},"title":"UAE residents prefer to rent than buy homes, turned off by high prices – Propertyfinder survey","date":"July 17, 2016","format":false,"excerpt":"\r High house prices and deposit requirements mean that more than two thirds of people living in the UAE rent their homes rather than buy them according to new survey.According to a poll of around 11,000 UAE residents carried out by property website Propertyfinder, 70 per cent said of respondents\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deposit-free-renting-sounds-good-or-could-tenants-lose-out\/","url_meta":{"origin":114283,"position":4},"title":"Deposit-free renting sounds good \u2013 or could tenants lose out?","date":"June 10, 2017","format":false,"excerpt":"\r New plans aim to ease the burden of having to find an average \u00a3967. But they come with a warningDeposits can be the bane of tenants\u2019 lives. Not only do renters have to fork out hundreds of pounds in letting agent fees, but they usually have to stump up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101684,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-55-my-brother-said-i-was-too-old-to-get-a-mortgage\/","url_meta":{"origin":114283,"position":5},"title":"At 55, my brother said I was too old to get a mortgage","date":"November 26, 2018","format":false,"excerpt":"\r He also said the government\u2019s help-to-buy scheme was only for younger peopleQ I would like to know if I am eligible for the help-to-buy scheme. I am currently 54 but will be 55 in January 2019 and rent a room for \u00a3670 per month. One of my brothers has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114283"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=114283"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114283\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}