A product designed with you in mind
Dreaming of owning your own home, but not quite ready? With Adjoin you can rent a property, with an option to buy it during your tenancy. Better still, if you want to, you can take some of the appreciation!
Adjoin Rent-To-Buy
Helping you go from Tenant to Owner.
Often, when looking to buy, compromises are made based on your current circumstances. What if you could move into the place you will be ready to buy next year, now?
With Adjoin Rent-To-Buy, you can move into the property you hope to buy before you own it.
You’re granted an initial tenancy of up to 24 months, with an Option Agreement allowing you to buy the property during your tenancy.
No more closed bids, no gazumping; rent with purpose. Quality, invested Landlords. Time and flexibility to increase the deposit, or get that pay rise. You can even buy into the appreciation before you become the owner.
Adjoin Rent-To-Buy
Why should I choose Adjoin?
The Adjoin Tenancy comes with the benefit of a Purchase Option, allowing you to buy the property you live in.
You may not be ready to buy now, but you may have a plan of how and when you will be.
Traditionally, you’d rent a property now, not knowing what will be available on the market when you are ready to buy.
With Adjoin, you can find a property you want to buy and move in as a tenant until you’re ready to do so.
Benefit from high-quality, invested landlords while you put the final touches on preparations to become an owner.
Move Immediately
Move into the property you hope to buy now, before you’ve bought it.
Flexibility
You have a wide time window to complete a purchase, allowing you to work to your time scales.
Plan Your Life
Seamless transition from tenant to owner allows you to plan long term. Settle into your routine now.
Right to Purchase
An Option Agreement gives you a legal right to buy the property, if you wish to.
Return on Rent
Share In The Upside grants you a share of any appreciation that occurs while you live there.
Time & Money Saving
Your time is valuable. One set of viewings for rent and purchase. One move, saving the cost of moving, too.
What are the Tenant Schemes?
You pay the market rent, plus an Option Premium for the exclusive right to buy the property.
You always get the option to buy.
The Option Premium starts at 10%. 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 on Purchase |
| Try Before You Buy | ✔️ | ❌ | 10% | ❌ |
| Share In The Upside 15 | ✔️ | ✔️ | 15% | 20% Of Appreciation |
| Share In The Upside 20 | ✔️ | ✔️ | 20% | 40% Of Appreciation |
Appreciation is determined as the value increase from the Minimum Sales Price, set at the start of the tenancy, to the updated valuation set when you are ready to purchase.
What does the process look like?
Register Your Interest
Let us know what your needs;
location, rental budget, property type,
# of bedrooms and anything else.
Exclusive early access
You learn of any property matching your criteria up to 3 days before external marketing.
When you see something you like, book a viewing!
Making an Offer
Fill in our offer form, including your chosen scheme
We relay all offers 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 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 a standard rental contract.
Preparation for Purchase
Ask the landlord to confirm the current valuation.
Once the price is agreed, apply for a mortgage.
Instruct a solicitor to start the conveyancing process.
Mortgage Offered, Ready to buy
When your solicitor is 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:
Building Your Deposit
You have started saving for your purchase, but the deposit isn’t quite ready for the property you want.
Move in now while you save that last bit. Buy when you’re ready.
Expecting Affordability to Rise
Expecting a pay rise or bonus soon? Hoping rates 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.
Exploring A New Area
Flexibility to try out a new area with the security of a Purchase Option, without the commitment of a purchase.
It’s probably the biggest purchase of your life, so why not try it first?
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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