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AAP
AAP
Business
Derek Rose

Lease-to-own model targets young homebuyers

A platform will offer "lease to own" solutions for homebuyers who don't have enough for a deposit. (Lukas Coch/AAP PHOTOS)

A new housing model will be launching in Australia that aims to help overcome affordability hurdles facing many new homebuyers.

Lease-to-own platform Ownlea will let users rent from a selection of properties with the option of buying the dwelling within a five-year window - all the while capturing a portion of any capital gain from their residence.

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