You may have found your first home but when you look around for mortgages find that there is no way you can raise the thousands of pounds needed to put down the deposit for the mortgage. When this happens it is devastating as while the monthly mortgage repayments are total affordable, the deposit isnt. Unless you have a wealthy and kind family you will probably think that owning your own place will be impossible.

If you are in this situation then you might want to consider the option of looking for rent to buy properties. There are companies who offer you the option of looking through their catalogue of rental homes and then choose the one that you wish to rent to own.

Of course you are able to look around the property to ensure that this is what you want and if you are happy to go ahead you can sign a rental agreement for a period of time and then buy the property when the rental period ends. Very little startup money is needed and even though you are renting you are able to do whatever you want to gain equity in the property. Once you buy the property after the rental period this is to your benefit of course.