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Evening Standard

Business

Lowenna Waters

What is Rent to Buy? Nationwide invests in fintech company Kettel Homes

Co Nationwide OWN

(Paul Faith/PA)
(Picture: PA Archive)

Nationwide has invested in Kettel Homes, a Rent to Buy startup helping first-time buyers unable to access typical mortgages by saving part of their rent to build the deposit.

The new rent-to-own scheme means some tenants can save a slice of their rent to help build a deposit to buy, however, it’s not currently available in London.

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