Are you tired of renting? Perhaps you're struggling to secure a mortgage or don't have the deposit required to get started on the property ladder?
Behomed is an innovative rent-to-own scheme designed to set you on the path to homeownership. It offers you the opportunity to move into your own home now, renting it while simultaneously working towards buying it.
Find your ideal home and we’ll buy it for you to live in. You lock in an affordable monthly rental payment and a future home purchase price in five years.
HOME SWEET
HOME!
Find your ideal home and we’ll buy it! Make it your own now, with the option to purchase it later.
MOVE IN
NOW & ENJOY
Move in now, buy later when you're in a good position to do so.
BUILD EQUITY
AS YOU GO
If you make improvements to the property, you benefit from the increased property value.
YOU’RE IN
CONTROL
You’re not at the mercy of a landlord – you're in control of your destiny.
THE
BENEFITS
If you'd like to find out more about renting-to-own through Behomed, do get in touch. We can't wait to hear from you!
GET IN
TOUCH
WHO
WE ARE
Behomed was founded by Sheila Smith. Her vision is to help young professionals and families who dream of owning a home but don't currently qualify for a traditional mortgage.
Sheila and her husband Matt have both faced difficulties as young professionals priced out of homeownership.
Matt struggled for a few years to save a deposit to buy his first home. Eventually, he moved back in with his parents so he could save up enough.
Sheila experienced the instability of the rental market – whilst living in Brighton, she was forced to move twice in two years because landlords wanted their properties back.
The rent-to-own scheme offered by Behomed seeks to make it easier for first-time home buyers to get on the property ladder, own the home of their dreams and say goodbye to the insecurity of renting once and for all.
OUR
VISION
We believe homeownership should be available to anyone. With inflation, cost of living and house prices rising steadily year-on-year, that dream is harder than ever to achieve.
Owning a home offers valuable benefits: it creates a sense of security and freedom, helps you build wealth over time, and provides stability for you and your family. Homeownership also plays a vital role in strengthening our communities and economies by fostering pride, investment, and growth.
Traditional mortgage products don’t work for everyone. That’s where we come in – we bridge the gap between where you are now and where you want to be. We help you on your path to homeownership.
One home at a time. One family at a time.
© 2024 by BEHOMED
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HOW IT
WORKS
BUY YOUR HOME
After five years, you have the option – but not the obligation – to buy your home from us.
MAKE YOURSELF AT HOME
Live like a homeowner from day one. Decorate. Remodel. Bring your pets! Enjoy peace of mind; no landlord will ask you to move because they want the property back.
LOCK-IN RENTAL PAYMENTS
Fix your rent for the next five years with no annual increases. This fixed monthly payment includes market rent plus a top-up fee. The top-up fee comes off the purchase price when you buy the property.
WE BUY YOU YOUR HOME
Behomed will buy your home and pay associated costs, including surveyor, mortgage broker, legal fees and stamp duty.
LOCK-IN PURCHASE PRICE
We agree on a price now for when you buy your home in five years. That way, there are no nasty surprises, and you know what you’re working towards. Any increase in value over the agreed purchase price is yours to keep!
COMMITMENT FEE
Pay a commitment fee of 3%-5% of the purchase price of your chosen property. The commitment fee comes off the purchase price when you buy your new home.
FIND YOUR HOME
Work with Behomed to find your perfect home from properties that are within your budget.
GET APPROVED
Apply and get approved. The process is straightforward and quick. We will work out your affordability and give you a budget for your new home.