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Rent-to-Own New Builds & Condos in Ontario

Rent-to-Own New Builds & Condos in London

How rent-to-own new builds and condos work in London, what to check before signing, and how we score 35 providers to help you shortlist.

Rent-to-own on a new build or condo lets you move in as a tenant, pay rent plus an extra monthly amount toward a future deposit, and buy the home at an agreed price once the term ends. In London, that usually means a flat in a recent development in zones 2 to 4 or a commuter-belt scheme, often with a lease of two to five years.

What to look for

Start with the purchase price: is it fixed now or set at market value later? Check how much of your monthly premium is credited to the deposit, and whether it is refunded if you walk away. For flats, ask about leasehold length, ground rent, service charges and cladding or fire safety (EWS1) status. Confirm who owns the property, whether a mortgage lender has consented to the arrangement, and what happens if the provider runs into financial trouble. Have a solicitor read the option agreement before you sign.

How our scoring helps

We list 35 providers in this category and score them on transparency of terms, fee clarity, the quality of the properties offered and the feedback from people who have used them. You can see the full approach on our methodology page, and our ranked guide to rent-to-own new builds in London puts the strongest options first so you can shortlist quickly.

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All rent-to-own new builds & condos in London, ranked by score and relevance

We found 35 businesses offering rent-to-own new builds & condos in London; 15 met the criteria for the scored directory. The order weighs each business's overall score by how much of its reviewed work is rent-to-own new builds & condos, so a lower-scored specialist can rank above a higher-scored generalist.

Millstone Homes of London
#1
80

Millstone Homes of London

4.3(97)✓ Google-verified

Millstone Homes of London holds a 4.3 rating from 97 Google reviews, and the recent reviews are all four or five stars. Reviewers praise the owner, Vasile Caniuca, and the team for guiding them through new builds. Several mention strong finishes, and some note helpful support after move-in.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Leishman Team
#2
80 low data

Leishman Team

5.0(38)✓ Google-verified

Reviewers praise Ian Leishman for quick replies and steady patience. Many describe him as calm and honest, with no pushy selling. Reviews are few and mostly older, so the picture is limited.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Royal Premier Homes
#3
79

Royal Premier Homes

4.7(36)✓ Google-verified

Most reviewers rate their experience highly, with 4.7 stars across 36 Google reviews. They describe units as well built and modern, and say the team is professional and easy to deal with. Reviewers mention a few specifics, including the Nova complex, fully furnished units, and a shuttle service that helps students reach university. One recent review disputes a non-refundable application fee and says the rental agreement was not shown first.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Pro Home Contracting Inc.
#4
77 low data

Pro Home Contracting Inc.

5.0(21)✓ Google-verified

Reviewers describe a contractor who keeps clients informed and pays close attention to detail. Recent reviews focus on renovations, from basements to kitchens and additions. The sample is small, so treat this as a limited view.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Origin Homes
#5
72 low data

Origin Homes

5.0(9)✓ Google-verified

Nine Google reviews average 5 stars, and reviewers praise the team's communication and flexibility. Evidence is limited, so treat these ratings as an early read rather than a full picture.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs

Get matched with rent-to-own new builds & condos in London

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The Ironstone Building Company
#6
70

The Ironstone Building Company

4.2(69)✓ Google-verifiedPublishes prices

Reviewers praise the pre-delivery inspection walkthroughs and named staff like Jenny, Joe and Stav for helpful follow-up. Several owners, though, report slow warranty responses, cracking, drainage and water problems in homes they bought from the builder.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Abbey Estates
#7
69 low data

Abbey Estates

4.4(17)✓ Google-verifiedPublishes prices

Reviewers who rent here praise the grounds, cleanliness, and friendly management. Review text is limited, with only a dozen written reviews, and most are years old.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Rembrandt Walk by Rembrandt Homes
#8
66 low data

Rembrandt Walk by Rembrandt Homes

4.3(18)✓ Google-verified

Limited evidence: 18 Google reviews averaging 4.3, mostly short comments. Recent reviewers praise the home quality and a site supervisor named Leslie. One older review says the builder stays involved after sale.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Rembrandt Homes
#9
62 low data

Rembrandt Homes

3.7(35)✓ Google-verified

Rembrandt Homes has 35 Google reviews averaging 3.7. Review text is limited and mixed, with older praise for staff and finishes and recent reviews raising build quality concerns. Little detail is available.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Jefferson Homes Wickerson Hills
#10
59 low data

Jefferson Homes Wickerson Hills

4.2(23)✓ Google-verified

Review evidence is limited, with 23 Google reviews averaging 4.2. Most reviewers praise post-possession service, especially a named service manager who handled deficiency lists. Some older reviews describe slow fixes and harsher criticism of staff.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Villages of Hyde Park
#11
57 low data

Villages of Hyde Park

5.0(4)✓ Google-verifiedPublishes prices

Four Google reviews give this London townhome community a 5 average. One reviewer, eight years ago, says repair and service requests get handled quickly. Review detail is very limited.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
The NEST II by Rembrandt Homes
#12
55 low data

The NEST II by Rembrandt Homes

4.3(3)✓ Google-verified

Only three Google reviews exist, so evidence is thin. One reviewer, five years ago, praised the builder for keeping model homes open long enough to compare one-storey and two-storey layouts.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
Drewlo Holdings - Apartment Rentals
#13
55

Drewlo Holdings - Apartment Rentals

2.8(129)✓ Google-verifiedPublishes prices

Reviewers split sharply. Several praise on-site superintendents as hard working and kind, while many recent reviews describe slow replies, rude emails, and hard-to-reach head office staff. Deposit refunds and rent billing disputes also come up often. Summer cooling is the most repeated complaint. One tenant says balcony air conditioners were switched to heat-only and set centrally, leaving units hot. Landscaping and snow clearing are also raised as weak spots.

Rent-to-Own Home ProgramsRent-to-Own New Builds & Condos
FH
#14
50 low data

Foxwood Homes

2.6(33)✓ Google-verified

Only five reviews were available, so evidence is thin. Reviews are split: one renter praised layout, while a resident of a Middleton community reported unfinished driveways, curbs and drains and slow replies.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
UW
#15
30 low data

Upper West by Rembrandt Homes

No rating yet✓ Google-verified

Not enough recent reviews yet to synthesise a reliable sentiment read for this business.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs

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Common questions about rent-to-own new builds & condos

How much does rent-to-own on a new build in London cost?
Expect rent at or slightly above market rate, plus a monthly premium toward your deposit, often a few hundred pounds. Some providers also charge an upfront option fee, commonly 2% to 5% of the price, which may not be refundable. Always get every fee in writing.
How long does a rent-to-own term usually last?
Most agreements run two to five years. That gives you time to build a deposit and improve your credit file, but you still need to qualify for a mortgage at the end. If you can't, you may lose the option fee and credits.
What happens if I can't buy at the end?
It depends on the contract. Often the option lapses and you lose the upfront fee and any deposit credits. Some providers return part of the credits. Check this clause before you sign.
How can I judge whether a provider is good?
Look for a fixed or clearly formulated price, written refund terms, clear leasehold and service charge details, and independent legal advice before signing. Be cautious of anyone who pushes you to sign quickly or won't explain the exit terms.

Last updated 2026-10-30