What is Rent Try Buy
Rent try buy, rent to buy, rent to own, lease option. These terms mean the same thing. What it means to you, you can rent the property at a higher than normal rent, with the extra rent going towards the purchase of the property. Very much like paying rent and a deposit on a house at once. Rent the property allows you to see if you like it the neighbourhood, schools, the shops. If you are happy you can buy the property.