Buy a New Home With No Deposit (Yes, Really!)

For many aspiring homeowners, saving for a deposit is one of the biggest hurdles to buying a property. But what if you could move into your dream home today, without a deposit, and buy it later when you’re ready?

Fortunately, you can do this. Keyzy’s rent-to-own model offers a flexible alternative to traditional buying.

How You Can Buy With Zero Deposit

Rent-to-own is the best alternative pathway to homeownership. As a renter, you can move into the home you want to buy immediately and rent it for two years. During this time, up to 100% of your rent is converted into a deposit, which you can use to purchase the home at the end of your rental period. Unlike traditional buying, you don’t need a deposit, and you have the option to purchase the home at a pre-agreed price when your lease ends.

Case Study Example

Let’s say you move into a beautiful, modern 2-bed Keyzy home in Hayes, priced at £549,000.

• Your monthly rent is £2,310.
• After 2 years, you’ve paid £55,440 in rent.
• If you choose to buy the home after 2 years, the full amount of £55,440 becomes your deposit.
• When you’re ready, you can buy the home for the pre-agreed £549,000.

That means you’ve effectively saved over £55,000 toward your future home while living in it, rather than spending your rent with nothing to show for it.

Pros and Cons of Buying With No Deposit

Pros

• No Deposit Required: Move into your home without saving tens of thousands of pounds.
• Build Equity While Renting: Rent payments contribute directly toward your deposit.
• Financial Stability: Fixed rent payments for two years make budgeting easier.
• Price Certainty: The buyback price is locked in from day one.
• Try Before You Buy: Live in your potential home before committing to purchase.
• Flexibility: You can walk away at the end of your lease if needed, just as you would with a standard rental agreement, with no penalties or obligations

Cons

• Converted Rent Not Refundable: If you choose not to buy, rent contributions toward your deposit are not returned.
• Limited Property Options: Rent-to-own homes may be limited in some areas; however, Keyzy is continuously expanding its property portfolio to offer more choices.
• Short-Term Rent Commitment: You are committed to fixed rent for 2 years.
• Minor Costs May Apply: Some small maintenance responsibilities may fall to the tenant.

Is Rent-to-Buy Too Good to Be True?

It’s natural to be skeptical - the idea of moving into a home without a deposit and building your future equity while renting can sound almost too good to be true. However, Keyzy’s rent-to-own model is designed to provide a real, structured path to homeownership for renters:

• Transparent Fees: There are no hidden costs beyond the standard rent and a one-time product fee.
• Fixed Buyback Price: The purchase price is agreed upfront, so you’re protected if property values rise.

While rent-to-own isn’t for everyone - and it requires commitment during the rental period, it’s a genuine way for renters to step onto the property ladder without the traditional barriers.

Who Can Benefit From Rent-to-Buy?

• First-time buyers or those returning to the property market
• Individuals with a stable income but difficulty saving a deposit
• People seeking financial stability and flexibility while preparing for homeownership
• Anyone looking for a structured path to buying a home without traditional barriers

Getting Started With Keyzy Rent-to-Own

To explore rent-to-own homes and see if you qualify, visit the Keyzy property portal, sign up, and tell us more about what you’re looking for. With Keyzy, you can start your journey toward homeownership without a deposit while maintaining control, flexibility, and financial stability.