Own a UK rental
in two steps
The balance in three years.
Start with a fully owned interim house, build a £10,200 discount at 8.5% a year, then upgrade to the rental property you actually want — at today's price, with no mortgage and no interest.
Pay £39,999 now and the balance when you upgrade, with up to a fourth year if you need it.
£3,400 a year comes off your final property price instead of rental income.
A £3,000 reservation fixes prices across our whole range, and it comes off your cost.
Your first payment buys a real 1-bed house in your name, tenanted and managed.
A real house
in your name
The interim property is a small 1-bed house, fully renovated, tenanted and managed. You own it outright until you decide to upgrade.
Small 1-bed interim house
Two small rooms downstairs comprising lounge and kitchen with a small rear yard, plus one bedroom and a bathroom.
- FreeholdYou own it outright, with Land Registry title documents in your name.
- Fully renovated and tenantedCompliant, rented out and managed by Find UK Property.
- Typical value £60,000Yours until you decide to upgrade to your final property.
- Builds £10,200 discountOff your final property price over three years, instead of receiving rental income.
We take care of all landlord liabilities
Both properties are managed end to end. You stay the passive owner while we handle compliance, repairs and tenants.
- 01Annual gas & electrical certificates
- 02All repairs & tenant damage
- 03Council tax & other bills if empty
- 04All other landlord liabilities
- 05You remain the passive owner
Pay a £3,000 reservation, which is included in the final price. A £999 purchase cost applies twice, once at Step 1 and once at Step 2, covering solicitor, local searches and admin.
Get started with 2-StepWorked example
Today's price £72,999
Example — small 2-bed property, H1 Unfurnished
-
Reservation paymentCredited at Step 2
£3,000Reserve -
Step 1£39,999
Interim property price+ £999 purchase cost
-
3 years
-
Step 2£19,800
Upgrade balance to desired house+ £999 purchase cost
-
Deal discountOver three years
£10,200Save
Total 2-Step cost £64,797
Includes both £999 purchase costsSDLT £0 in this example — UK-resident buyer owning no other residential property at completion.
Two payments
One final property
The 2-Step Process lets you own any property in our range — types H1 to H8, unfurnished or Flexi-Furnished — in two stages over three years.
Buy the interim house outright
- 01Buy a small 1-bed interim investment property with full ownership for just £39,999.
- 02It is a stepping stone that gives you a benefit of £10,200 over three years and acts as security for your payment.
- 03That works out at an 8.5% net return per year, earned as a discount on your final rental property.
Upgrade to your final property
- 01Upgrade to your desired final property, H1 to H8, depending on your budget.
- 02The final payment is £10,200 less than today's price thanks to the discount you have built up.
- 03You start earning 7% net rent, or 6% if you choose unfurnished property.
Reservation. A £3,000 reservation payment fixes your property prices for the next three years and comes off your final property cost — it is not lost. If you are overseas or already own UK property, stamp duty may be payable at Step 2. No other costs.
Enquire now3 years to real
passive income
A worked example for each house type, showing the Step 2 payment after your interim property and built-up discount are credited.
Worked example, three-year term — the £3,000 reservation is credited at Step 2
| Final property | Price todayPlus £999 purchase cost | Less interim property | Less discount built | Less reservation | Step 2 paymentPlus £999 purchase cost |
|---|---|---|---|---|---|
| H1 Unfurnished | £72,999 | −£39,999 | −£10,200 | −£3,000 | £19,800 |
| H1 Small 2-bed | £79,999 | −£39,999 | −£10,200 | −£3,000 | £26,800 |
| H2 Standard 2-bed | £85,999 | −£39,999 | −£10,200 | −£3,000 | £32,800 |
| H3 Large 2-bed | £91,999 | −£39,999 | −£10,200 | −£3,000 | £38,800 |
| H4 Small 3-bed | £92,999 | −£39,999 | −£10,200 | −£3,000 | £39,800 |
| H5 Large 3-bed | £98,999 | −£39,999 | −£10,200 | −£3,000 | £45,800 |
| H6 3-bed with garden | £106,999 | −£39,999 | −£10,200 | −£3,000 | £53,800 |
| H7 2-bed semi-detached | £115,999 | −£39,999 | −£10,200 | −£3,000 | £62,800 |
| H8 3-bed semi-detached | £128,999 | −£39,999 | −£10,200 | −£3,000 | £75,800 |
Prices shown are for standard North East houses; North West properties cost £10,000 more with proportionally higher rent. A £999 transfer cost applies at each step, covering solicitor, local searches and admin. Stamp duty may be payable at Step 2 if you are overseas or already own UK property. Figures are indicative and terms can change.
Discount built each year at 8.5% of the £39,999 you invest, added in whole years only.
The maximum discount, reached after three whole years of interim ownership.
If our prices fall before Step 2 you pay the lower price; if they rise, yours does not.
No interest
No bank
There is no interest to pay, a significant discount on your final price, and security from day one through full ownership of an interim property.
Compare the numbers
70% buy-to-let mortgage (e.g. £72,999)
| Deposit (30% of property price) | £22,000 |
| Broker & arrangement fee | −£1,500 |
| Transfer fees — mortgage solicitors + VAT | −£1,850 |
| Interest on 70% loan over 3 years | −£8,430 |
| Gross rent (7.5% over 3 years) | £16,425 |
| Overheads (20% of gross rent, industry average) | −£3,285 |
| Repayment of 70% loan at the end | −£51,100 |
| Redemption fees & legals | −£1,530 |
| Total mortgage cost | £73,270 |
2-Step Process (e.g. £72,999)
| Reservation | £3,000 |
| Step 1 — £39,999 + £999 transfer costs | £40,998 |
| Step 2 — £19,800 + £999 transfer costs | £20,799 |
| Total 2-Step cost | £64,797 |
Less to own the same £72,999 property outright over three years — with no lender, no interest and no loan outstanding at the end. Indicative example; mortgage rates, fees and rents vary.
Compare the benefits
Buy-to-let mortgage
| Interest paid | Interest for the full term |
| Debt at the end | Loan still outstanding on interest-only |
| Approval | Lender approval and affordability checks |
| Effect on your price | Fees and renovation costs added |
| Security while you save | None until completion |
| Flexibility | Tied to the property you financed |
| Price certainty | Open-market price at the time |
| Income | Rent often below interest and costs |
2-Step Solution
| Interest paid | None |
| Debt at the end | None — you own outright |
| Approval | No credit application |
| Effect on your price | £10,200 discount built up |
| Security while you save | You own a tenanted 1-bed house |
| Flexibility | Choose any property H1 to H8 at Step 2 |
| Price certainty | Fixed for three years |
| Income | 7% Flexi-Furnished |
Why buy-to-let mortgages don't work
No profit with high interest rates
Interest, fees and renovation costs are usually higher than the rental income, so profit is unlikely with a buy-to-let mortgage.
You're only paying off interest
The whole loan remains outstanding at the end of the term. You either pay the full amount or sell to clear the balance.
More risk, no flexibility
A mortgage puts you in debt and has a complicated approval process, without the freedom to choose any property in three years.
No guarantees or savings
Open-market purchases carry no guarantees, and you can end up around £10,000 worse off than with the 2-Step Solution.
The 2-Step Solution,
answered
Twelve of the questions clients ask most, grouped by where you are in the process. A consultant can walk through your own numbers.
Getting started
I have over £39,999. How do I get started?+
Complete the enquiry form and provide ID for the owner (passport copy and address). We send you a draft agreement to look at and arrange a Zoom meeting to cover all of your questions. You can also visit us if you wish, although this is not required. Then you decide whether to proceed.
What is the buying process?+
Sign the agreement and make the £3,000 reservation payment to our client account, which fixes prices across our range for the next three years. Have a video meeting with the solicitor to verify ID, provide a bank statement to show funds and get any other documents ready.
Agree the interim 1-bed house within six weeks of reservation, make the Step 1 payment (for example £39,999 plus £999 transfer costs) and take ownership including Land Registry title documents. Later, tell us when you are ready to upgrade to your final property (H1 to H8, unfurnished or Flexi-Furnished) and make the Step 2 payment. You end up owning your final property and we take back the interim one.
I do not have £39,999 — can I buy anything?+
No. This is the minimum amount you need, plus £999 purchase costs for Step 1 and the £3,000 reservation payment. Keep saving and come back to us when you have enough funds, or join with a friend and contribute 50/50 as joint owners — that way you each need around £20,000.
I have more than £70,000 — should I still use 2-Step?+
No. With more than £70,000 it is better to buy a property in one step, for example an H1 or H2 house, using our standard method. You benefit more that way.
I have £80,000 — can I set up two 2-Step deals?+
No. The offer is limited to one live 2-Step deal per client at any time, so you can start another after completing one. It is designed to help clients who do not yet have enough to buy a property outright in one step.
The money
What if I upgrade after two years and six months — do part years count?+
No. The discount is added to the pot after each whole year, up to a maximum of three years. If you upgrade three years after completion of the interim property you receive the full £10,200 discount.
What if your property prices fall in the three years?+
In the unlikely event our prices fall before Step 2 you get the new lower prices, so your final payment is less. The opposite is more likely: if our prices rise, yours do not, and your final payment stays as shown in the table above.
What if I have no more money to upgrade after three years?+
The default is that you upgrade after three years, but we allow a further twelve months if needed to help you save. The discount does not increase beyond £10,200.
Worst case, even if you cancel and do not upgrade, you still get your £39,999 back. Your built-up discount is preserved for later use by you, your family or your contacts against any property in our range.
Upgrading and ownership
Can I keep the interim property and not upgrade?+
No. The interim property is a stepping stone to your final property. While you own it you get security, build up to £10,200 of discount over three years and have more time to save. You agree to sell it back to us when you upgrade — we cannot afford to sell it permanently at £39,999 as it is worth more. If you do not upgrade, you sell it back to us for what you paid.
Can I use the 1-bed interim property myself?+
No. You are the owner, but you agree to the property remaining rented to our tenants. You benefit by building £10,200 of discount over three years, equal to 8.5% of the £39,999 invested per year. When you upgrade, you sell the interim property back to us as part of the process.
What can I do with my final property?+
It is your property and you decide. Initially it is rented to us and we rent to our long-term tenants, so you can keep it rented for net rent of 6% a year unfurnished or 7% Flexi-Furnished with no costs, or keep it rented and build deal discount at 8% of the property price to fund another purchase — a tax-efficient way many clients build a portfolio before retirement.
Alternatively, give us six months' notice at any time after the minimum 2.5 years to take full possession, then use it yourself or for family, rent it out directly or through an agent, or sell it to anyone. We can also offer to buy it back at the prevailing market price.
Is the reservation payment refundable against my property?+
Yes. The £3,000 reservation comes off your property cost and is not lost. It fixes your prices on our range for the next three years.
Get on the property
investment ladder
Tell us your budget and timescale. We will explain the interim property, the discount you build and the final house types available to you.
Enquire nowLimited to one live 2-Step deal per client. Terms, prices and availability can change.