Published
Update
Article written by
It is increasingly difficult to buy an apartment with rising interest rates. To avoid being refused credit, you can now go through leasing by renting your property, before choosing whether to buy it or not.
Renting an apartment or a house with the possibility of buying it later, renting with option to buy is a new formula that is attracting more and more people. But is it a good deal? A Bordelais has been a fan of this system for a long time. “It’s a system that convinced us because it allowed us to buy our car and we hope to do the same with the apartment”he said. In recent months, his loan has been refused because the banks feel that he does not have enough income regular. IHe just started a new business. To buy, he therefore appealed to a leasing company.
He will be a tenant for a maximum of three years. Each month, one rent is paid in addition to compulsory savings to constitute a future contribution. At any time, the tenant can exercise the purchase option and become the owner if he manages to obtain a loan thanks to his savings, or he changes his mind and leaves the apartment. When the tenant decides to buy, the property is resold 10 to 15% more expensive. The target of these start-ups are customers whose incomes are expected to increase rapidly. “We will anticipate what their future borrowing capacity will be in three years”says Adrian Peligryco-founder of Hestia. In order not to be mistaken, you have to be sure of the selling price from the start, according to an expert.