SO Flexi Cambourne

Cambourne

2 available

2 bed Maisonettes

From £971 pcm

Rent to Buy

Overview

SO Flexi Cambourne is a collection of two bedroom Rent to Buy maisonettes available in Cambourne, Cambridgeshire.

Ideally situated just nine miles west of Cambridge and just over an hour from King’s Cross Station, Cambourne marries the convenience of new-town living with the history and charm of England’s most prestigious university city.

This brand-new development offers easy workday links to the A14,M11 and M25 via the A428, with plenty of scope for weekend adventures – surrounded by a tranquil nature reserve and a stone’s throw from locally renowned independent eateries, a stylish shopping centre and activities ranging from leisurely punting tours to exhilarating aqua park sessions. When warmer climes beckon, an easy 38-mile drive gets you to Stansted airport – or an even easier 4 miles to Cambridge airport.

Whether you’re buying independently, as a couple or as a growing family, SO Resi Cambourne ticks every box – and more.

To apply for a SO Flexi home with Rent to Buy, you’ll need to:

  • Have a household income but you can't currently save for a deposit
  • Meet the indicative minimum income and affordability standards for the home you are interested in. These will depend on its current value, and an assumed future purchase of 25% of your home
  • Be able to pay some rent in advance and provide the equivalent of one month’s rent as a tenancy deposit
  • Be unable to provide afford a similar home in the local area, either through Shared Ownership or on the open market
  • Have the right to rent – proven by possession of British/EU/EEA Citizenship or a valid UK residency visa
  • Have a formal rental tenancy in place, or live in an informal arrangement with family or friends as a result of struggling with housing costs
  • Be willing to agree to save an affordable amount every month towards your deposit while you are renting a SO Flexi home

You are not eligible if you:

  • Already own a property or are in the process of buying
  • Have an adverse rental history and are not able to get a good reference from your current landlord – for example, rent arrears or other tenancy breaches
  • Have a history of bankruptcy, county court judgements (CCJs) or Individual Voluntary Agreements (IVAs)
  • Already have a deposit to buy through Shared Ownership or on the open market
  • Require a guarantor 

If you receive Housing Benefit or Universal Credit, your application will be considered on an individual basis. 

About SO Flexi

SO Flexi offers you an alternative way to get onto the property ladder. It allows you to rent at a reduced market rate to save for your deposit and then buy your property via Shared Ownership.

More about SO Flexi

Location

“First time buying made simple!”
Trustpilot

SO Flexi at a glance

Find a home to rent

Choose a high quality home, check you're eligible and apply. Live in your new home, paying a lower-than-market rent.

Save for a deposit

With a reduced market rent you can save up the deposit to buy a home of your own.

Buy your SO Flexi home

Once you’ve saved a deposit, you can buy the SO Flexi home you are renting or another home.

About SO Flexi