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Frequently Asked Questions
Simply put, how does the Arizun Solution Purchase Option work?

After signing your option agreement, you will be renting the property at the market lease rate and can choose to buy your home under the terms of your option agreement should you be in a position to do so. When you exercise your option to buy, you will also benefit from a percentage of any increase in the value of your home and this will be available for you to use in providing your mortgage



How do I qualify for the Arizun STAY IN YOUR HOME solution?

The Arizun STAY IN YOUR HOME Solution doesn’t work for everyone. It requires agreement with your lender. The first step is to complete our  enquiry form. Once you have expressed your interest a representative from Arizun will contact you to discuss your financial situation and the options available to you.



How long will it take for my home to be transferred to Arizun and when can we get free of the existing mortgage?

It is in both yours and our interest that the process is quick and efficient. Once your application has been assessed, the legal work in relation to the property title transfer to Arizun and your debt forgiveness will be completed and then you will be debt free in respect of that property. We envisage that the minimum time it will take to finalise the transfer will be 45 days and the maximum time will be 90 days



Who actually owns the house when we enter the programme and transfer the title to Arizun?

Once you enter the programme and transfer the title to Arizun, the property will be owned by one of our Regulated Arizun Funds. It will return to your ownership should you exercise the your option to buy it back.

If I am interested what do I do next?

Please register your interest here by completing the First Step Form on our website and an Arizun representative will then be in contact with you.

How Does the Arizun Solution Work?

How the Arizun STAY IN YOUR HOME solution could work for Joe and Marie (example only):

Joe and Marie enter the Arizun STAY IN YOUR HOME solution and avail of the opportunity to purchase their home in the future.

The market value of the property at the time they entered the programme is €200,000.



In Year 6 of their lease, they decide to exercise their option to purchase the property. The market value of the property has now risen to €300,000. As such, the property has appreciated in value over this period by €100,000. The price payable by Joe and Marie is calculated as follows:

 Market value at date option is exercised                                          €300,000



 Market value of property at date option was granted                       €200,000



Appreciated in value                                                                         €100,000



Joe and Marie’s share of capital appreciation (in this example)



To be used as a deposit for the purchase of their home                     €40,000



 Joe and Marie’s purchase price                                                        €260,000




Joe and Marie can therefore purchase their home for €260,000 because they have their €40,000 share of the capital appreciation as a deposit.



What happens if I want to leave the property?

The Programme is flexible. You may leave the property at any time during the 20 year lease period, subject to a standard notice period.

How much rent will I have to pay every month?

Your lease will have market rents specific to your property and your area and will be adjusted every two years in line with the Privately Owned Rent Index component of the Consumer Price Index Rental Sub-Indices. Rent is payable monthly in advance. You will be advised of the exact initial rent you will pay when you join the programme.

Will I have to pay a deposit if I join the programme?

Yes, you pay a lease deposit equivalent to one month’s rent, unless you are on the Government Mortgage To Rent Programme.

What if two people sign the Lease and Purchase option and one leaves?

The option to purchase is linked to the tenant(s) leasing the property, therefore the remaining occupant can continue with the option.

Are there any related legal fees with regard to signing the lease and who is liable for them?

We do not charge any legal fees, however you will be responsible for paying your own legal / third party costs.

The Arizun Mortgage Debt Resolution Scheme can only be applied to an individual home once the Arizun Funds have acquired a portfolio of mortgages from a European financial institution which includes the mortgage currently held over the individual home. Arizun cannot guarantee that any individual home or homeowner will be allowed access to the Arizun Mortgage Debt Resolution Scheme, but if you like our programme let us and your bank know about your interest.