Rent to buy

A person may enter into a rent to buy contract (also called a deferred payment disposition). In such a case the client is considered as a home owner.

The client must supply a copy of the contract. All payments stated in the rental contract as mortgage repayments and payments made towards a deposit can be included as accommodation costs.

The contract will also state whether the client has responsibility for costs such as rates, insurance and maintenance.

If the client has responsibility for things like rates, insurance and maintenance these may be included as accommodation costs. If the client does not have responsibility for these things they cannot claim them as accommodation costs.