A product designed with you in mind
Dreaming of owning your own home, but not quite ready? With Adjoin you can rent now, with an option to buy during your tenancy. Better still, if you want to, you can take some of the appreciation!
The Adjoin Tenancy
A new way to achieve your property goals.
We are a rent-to-buy platform, born of frustrated tenants. We had been racking our brains wondering how to get onto the property ladder. We were saving, but prices kept going up. We love where we live, but we’d love to own the home we live in.
We decided to find a solution, and came up with Adjoin! With an Adjoin tenancy, you get the benefits of living under the protection of a quality landlord, with the option to buy the property you live in.
If you opt in, you can even get a share of any appreciation, stopping prices from running away from you.
Why should I choose Adjoin?
The Adjoin Tenancy comes with the benefit of an Option to buy the property you live in.
Opt in to pay an additional premium to have a share in any appreciation.
This appreciation will manifest itself as a discount should you choose to buy.
Flexibility
- Move in before you buy
- Trigger the option when you’re ready!
- Not buying? No problem.
Increased Security
- Ready to buy? Just trigger the option
- No gazumping or closed bids. You are first in line
Return on Rent
- Saving to buy is a moving target.
- Property price goes up? So does your discount.
What are the Tenant Schemes?
You always get the option to buy.
You can also choose to pay a little more to ensure you’re not being left behind if the market goes up!
| Tenant Scheme | Option To buy | Discount on purchase | Rental Premium | Discount |
| Try Before You Buy | ✔️ | ❌ | 10% | ❌ |
| Share In The Upside 15 | ✔️ | ✔️ | 15% | 20% Of Appreciation |
| Share In The Upside 20 | ✔️ | ✔️ | 20% | 40% Of Appreciation |
What does the process look like?
Register With Us
Let us know key facts; location, rental budget,
property type, # of bedrooms, etc.
We can forecast your future affordability.
Exclusive early access
You learn of any property matching your criteria up to 3 days before external marketing.
When you see something you like, come for a viewing!
Making an Offer
Fill in our offer form and fact-find, including which scheme you want to use, and we’ll send it to the owner.
Offer Accepted, What’s next?
Congrats! Pay the holding deposit, the property is taken off the market, and referencing starts.
Referencing passed
We then produce two contracts. The Tenancy Agreement, governing the rental period, and the Option Agreement, setting out the terms of your Purchase Option.
Tenancy Starts
Move in & make yourself at home!
The landlord remains responsible for maintenance as in any rental contract.
Preparation for Purchase
Speak to a mortgage broker to confirm your affordability.
Ask the landlord to confirm the current valuation.
Once the price is agreed, start the conveyancing process.
Mortgage Offered, Ready to buy
When your solicitor’s ready, call the Option.
Sign the documents to exchange and pay the 10% non-refundable deposit. At this point, the sale is legally binding.
Joy!
Congratulations, you just bought a home! Some good news… you don’t need to move anything, as you’re already inside!
Who is this for?
Everyone really. But specially designed for those
Without enough deposit
You could rent again, then compete with other buyers next year Or rent now with adjoin giving you an Option to buy the property when ready. We know what we’d choose!
Expecting Affordability to Rise
Expecting a pay rise in the next year. Rates are expected to stabilise, allowing you to borrow more. Rent the home you’ll be able to afford next year, with an Option to buy when you can.
Who want to Try Before Buy
Flexibility to try out the home before you commit to buying. It’s probably the biggest purchase of your life. With Adjoin, you’re able to move in now, and buy when you’re ready.
What do the numbers say?
Example Assumptions:
| Minimum Sales Price: £500,000 | Current Valuation: £500,000 |
| Rental Amount (PCM): £2,000 | Tenancy Length: 2 Years |
As someone looking to buy, that isn’t quite ready, Share In The Upside is a great option for you. You get to live in the property you want to own now, and if the price goes up, so does your discount!
Assuming property prices rise by ~5% a year, the property will be worth £550,000 at the end of your tenancy. Normally, that would mean you need to raise an additional £50,000 compared your goal at the start of the tenancy.
With Adjoin, if you’ve opted for Share In The Upside 20, you receive a staggering 40% of that appreciation as a discount when you buy!
Normal Purchase Price: £550,000
Adjoin Purchase Price: £530,000
Discount on Purchase: £20,000!
Better still, there are no entry fees for an Adjoin tenancy. You simply pay the rental deposit and the first month’s rent, as with any tenancy.
When purchasing a property, you will pay conveyancing fees and disbursement, as with any other property purchase.
Disclaimers. No responsibility: The material and information contained in this page is for educational and general information purposes only. You should not rely upon the material or information on this page as a basis for making any financial or any other decisions. adjoin makes no representations or warranties of any kind, express or implied about the completeness, accuracy, reliability, suitability, or availability with respect to this page or the information, products, services or related numbers, tables, figures, external links contained on this page for any purpose. Any reliance you place on such material is therefore strictly at your own risk. Investment: adjoin is not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by adjoin are intended purely as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur. Past Performance: Past performance does not guarantee future results. You should not rely on any past performance as a guarantee of future investment performance. Returns will fluctuate.
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