Keyzy Homes

You don’t need a deposit to move into a Keyzy home! You pay a one off product fee of £1,999 (or £999 for key workers). You will need a deposit to buy the house at the end of the lease if you want to. We can help guide you towards saving a regular amount each month as well as return all of your rent at the end of 2 years. You should aim for at least a 10% deposit to buy a home to stand the most chance of being approved and getting a good deal.

No. It costs £1,999 to get your Keyzy home at the beginning of your lease (£999 if you’re a Key worker). Your rental will be fixed for the full duration of your lease, no increases! There are no fees if you choose to walk away at the end of the lease. Buying the home at the end will incur legal fees from the solicitor you choose, stamp duty, and potentially mortgage fees.

You will need to be over 18 and have the right to live in the UK. We will also do an industry-standard check on you using secure and modern technology including:

• You are over 18 and have the right to live and work in the UK
• Your combined household income is at least £50,000
• You haven't entered into an IVA or bankruptcy in the past three years
• You haven't had any CCJ's or defaults registered against you in the past 12 months
• You haven't missed any payments in the past six months (e.g. phone bills or rent payments).

When you submit a full application we will also do an industry-standard check on you using secure and modern technology including:

• Verifying your income and outgoings (using Open Banking)
• Verifying your ID digitally. This only takes a few minutes with no need to post anything to us.
• Checking for fraud and bankruptcy (using credit bureaus)

You’re free to leave the home at the end of your 2-year lease with no penalties. You do not get your rent returned if you choose not to buy. It will be as if you were just renting normally. Your lease expires and you can move to another home. In some cases we can sign another lease, but there is no guarantee this will be possible as we may choose to sell the home to someone else.

Keyzy is a rent-to-own company. We exist to sell homes to first time buyers and help people onto the property ladder. We’ve got no interest in being long-term landlords. We make money by selling the home to you at the end of your 2-year tenancy. We work with investors and developers to make lots of new-build homes available on our rent-to-own product. We believe in this model because we know there are loads of people out there who want to buy a home but need a little help to get ready before they do. We also charge a small fee of between £999 and £1,999 at the beginning of your tenancy.