Rent to Buy

We believe homeownership should be within everyone’s reach. Our Rent to Buy program is a flexible, transparent, and inclusive solution designed to help you own your dream home, regardless of your financial background. Whether you face credit challenges, are self-employed, or are a legal foreign national, our program empowers you to achieve homeownership on your terms.

How It Works Benefits Eligibility Example FAQs

How It Works

Start your journey by completing our simple online application. We assess your financial readiness to ensure a smooth process.
- Required Documents: Submit a certified copy of your ID (South African citizens) or passport (foreign nationals), 6 months’ bank statements, and proof of address (e.g., utility bill not older than 3 months).
- Affordability Assessment: We confirm your monthly rent is 30% or less of your net income for financial comfort.
- Secure Process: Our online portal is user-friendly and secure, designed for a quick and hassle-free application.
- Support Available: Our team is ready to assist with any questions, ensuring you feel confident from the start.

Receive a pre-approval letter that confirms your eligibility and affordability, giving you peace of mind to proceed.
- Eligibility Confirmation: The letter outlines your approved budget based on your income assessment.
- Clear Guidance: Understand your financial limits before selecting a property.
- Quick Turnaround: Get your letter promptly to keep your journey on track.
- Supportive Step: Our team is available to explain the letter and answer questions.

Select your ideal home from a diverse range of properties up to R1.5 million across South Africa.
- Explore Options: Choose from modern apartments to family homes, matching your lifestyle and budget.
- Team Assistance: Work with our experts to find a property aligned with your long-term goals.
- Value Cap: Ensure your selection fits within the R1.5 million limit for the Rent to Buy program.
- Vision Realized: Picture your future, urban vibrancy or suburban tranquility, with our help to find the perfect match.

Our team evaluates your chosen property to ensure it’s a sound investment, with transparency at every stage.
- Expert Assessment: Our evaluators review the property’s condition, location, and market trends.
- Fair Valuation: We confirm the price reflects the true market value, safeguarding your investment.
- Admin Fee: A one-time R3,000 fee applies for non-members; members receive this service free.
- Detailed Report: Receive a comprehensive evaluation report for full confidence in your choice.

Get a clear, detailed quotation outlining your financial commitment over the 15-year term.
- Property Price: The full cost of your chosen property, ensuring complete transparency.
- Rental Term: A fixed 15-year (180-month) period for predictable planning.
- Interest Rate: Fixed at 5% above the prime rate, currently 15.75% (prime rate of 10.75% + 5% as of July 2025).
- Example Calculation: For a R1,000,000 property, your monthly rent is approximately R14,200 at 15.75% interest over 15 years.
- Total Clarity: Understand your monthly payments and total commitment upfront for informed decisions.

We submit a formal offer to the seller on your behalf, turning your vision into action.
- Professional Negotiation: Our team ensures the offer aligns with your Rent-to-Buy terms and market conditions.
- Developer or Owner: We handle offers for new developments or existing properties via mandated agents.
- Smooth Transition: This step moves you from planning to securing your future home.
- Regular Updates: Stay informed on the offer’s progress with clear communication.

Formalize your commitment with our tailored Rent-to-Buy agreement, designed for flexibility and clarity.
- Comprehensive Terms: The agreement details all responsibilities, timelines, and payment plans.
- Personalized Support: Consult with our team to fully understand every clause.
- Flexible Options: Customize the agreement to suit your unique circumstances.
- Legal Advice: We recommend consulting a legal expert for added confidence before signing.

Secure your property with a 10% refundable deposit, a key step toward ownership.
- Deposit Amount: 10% of the property value (e.g., R100,000 for a R1,000,000 property).
- Refundable Terms: Held in an interest-bearing trust account, refundable with options at term’s end (subject to deductions for defaults or cancellations).
- Financial Flexibility: Supports your journey without reducing the property value in rent calculations.
- Secure Process: Managed through a trusted attorneys’ account for safety.

We register the property under Sandton Property Capital during the rental period, ensuring legal clarity and security.
- Legal Compliance: Registration aligns with South African laws for a smooth process.
- Secure Funds: All transactions are handled via an attorneys’ trust account.
- Ownership Prep: Sets the stage for your eventual ownership after the 15-year term.
- Your Role: Continue payments while we manage the legal details.

After 15 years (or sooner with extra payments), the property is yours! The title deed transfers to you or your designated next of kin.
- Title Deed Transfer: The property is officially yours or a chosen family member’s upon full payment.
- Flexible Payments: Extra payments can shorten the 15-year term for faster ownership.
- Default Policy: Three missed payments during the rental period may lead to cancellation; we’ll collaborate to avoid this.
- Celebrate Ownership: Receive your title deed and enjoy the pride of homeownership after your Deed Transfer.

Benefits

Our Rent to Buy program offers unique advantages to make your journey to homeownership smooth and rewarding:

1. Accessibility

Open to individuals with credit challenges, self-employed professionals, and legal foreign nationals, breaking down traditional barriers to homeownership.

2. Flexibility

Choose from a wide range of properties across South Africa and make extra payments to own your home faster.

3. Fixed Terms

Benefit from a fixed interest rate (5% above the prime rate at agreement time) and clear terms with no hidden fees.

4. Build Equity

Your monthly payments help build equity, bringing you closer to full ownership.

5. Secure Transactions

All funds are managed through a trusted attorneys’ account for maximum safety and compliance with South African laws.

6. Personalized Service

Receive tailored solutions to meet your unique needs, whether you’re selecting a property or navigating the application process.

7. Dedicated Support

Our team is available via phone, email, or our website to guide you every step of the way.

Eligibility and Application Process

To qualify for the Rent to Buy program, you need to meet the following criteria:
  • Be a South African citizen or legal foreign national.
  • Provide a certified copy of your ID (South African citizens) or passport (foreign nationals).
  • Submit 6 months’ bank statements.
  • Provide proof of address (e.g., utility bill or lease agreement, not older than 3 months).
  • Ensure the monthly rent is 30% or less of your net income (e.g., R12,000 rent for a R40,000 net income).
The application process is designed to be straightforward and hassle-free:
  • Complete the Application: Fill out our online application form or contact us directly if you’ve already identified a property.
  • Submit Documents: Provide the required documentation for review.
  • Affordability Assessment: Our team ensures the monthly rent is affordable based on your income.
  • Pay Admin Fee: A one-time R3,000 fee applies for non-members during property evaluation (no extra charge for members).
  • Sign Agreement: Review and sign the Rent to Buy agreement, then pay the 10% deposit.
  • Move In: Start living in your future home while building equity.
Terms & Conditions

Financial Details

The financial structure of our Rent to Buy program is transparent and designed to suit your needs. Here’s an overview:
Aspect

Details

Property Value

Up to R1.5 million, including new developments or existing properties.

Deposit

10% of property value, refundable. Can be applied toward final payments when the remaining balance is equal to or less than the deposit amount; subject to deductions for outstanding amounts in case of default or cancellation.

Interest Rate

Fixed at 5% above the prime rate (15.75% with prime at 10.75% as of July 2025).

Rental Term

Fixed 15 years (180 months).

Admin Fee

R3,000 one-time fee for non-members.

Example Calculation
For a property valued at R1,000,000:
  • Deposit: R100,000 (10%, refundable)
  • Interest Rate: Fixed at 5% above the prime rate (e.g., 15.75% if prime is 10.75%)
  • Monthly Rent: Approximately R14,550 (calculated based on R1,000,000 at 15.75% over 15 years)

Note:
The deposit is refundable and can be applied toward the final payments when the remaining balance is less than or equal to the deposit amount. The refund is subject to deductions for any outstanding amounts if the tenant cancels the agreement, the agreement is canceled due to defaults, or in the event of the main applicant’s death if the next of kin chooses not to or cannot continue the agreement.
Terms & Conditions

Got Questions?

A rent-to-buy scheme allows you to rent a property with the option to purchase it, where all monthly rent contributes to the purchase price over a 15-year (180-month) term. It’s ideal for those with credit challenges or limited upfront funds.

South African citizens, permanent residents, or legal foreign nationals; employed or self-employed individuals; those with credit challenges or limited credit history; applicants seeking properties up to R1.5 million.

Follow the 10-step process: Apply online, get a pre-approval letter, choose a property, get it evaluated, receive a quote, accept an offer, sign the agreement, pay the deposit, register the property, and own your home after 15 years or earlier with extra payments.

Builds equity with all rent payments, requires no large deposit for purchase (10% is refundable), offers a fixed 15.75% rate, and allows flexibility with extra payments.

Market risk if property value decreases, potential financing challenges for remaining balances, and loss of rent credits/option fee if not purchased (deposit remains refundable after deductions). Consult a real estate attorney.

Calculated on the full property value at 15.75% interest over 15 years (e.g., R14,200 for a R1,000,000 property), capped at 30% of net income, with a R3,000 admin fee for non-members.

Held in an interest-bearing trust account, refundable at term’s end. Options include applying it to remaining rent (if ≤ R100,000), using it for transfer costs, or receiving it (plus interest) after deductions for unpaid rent, repairs, or defaults.

Yes, secure financing (e.g., a bank bond) for the remaining balance, with all prior rent contributing to the purchase price.

Yes, you can buy the property mid-term using any payment method, such as a bank bond, to cover the remaining rent balance.

Missing three months’ rent may lead to termination (with solutions attempted first); no penalties for early cancellation, but the deposit is refunded after deducting outstanding amounts.

The lease continues under the estate until ended. If the next of kin cannot or chooses not to continue, the deposit is refunded to the estate after deductions.

You forfeit rent credits and the option fee, but the deposit is refunded after deductions for outstanding amounts. You must vacate the property.

Ready to Start Your Journey?

Take the first step toward owning your dream home with Sandton Property Capital’s Rent to Buy program. Contact us today to explore available properties, get a personalized quote, or start your application. Our dedicated team is here to make your homeownership dreams a reality.

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