Get rewarded for renting with Leap!
Rent smarter and fast track your way to home ownership with Leap Real Estate’s Leap Year Program.
Part of the broader Leap Lifestyle Membership, Leap Year gives all eligible renters the opportunity to rebate an amount equivalent to 12 months of their rent off the purchase price of a new home*.
To qualify for the Leap Year rebate, renters will need to:
- Rent a property with Leap Real Estate for 12 months or more.
- Not breach or have breached their rental agreement, including but not limited to paying rent on time and looking after the property.
- Purchase a new house and land package through Leap Real Estate in a Resimax Group community.
- Continue renting with Leap Real Estate until settlement of the new house and land.
Raj & Sarah qualified for a Leap Year rebate of nearly $25,000. Read their story below:
THEY RENTED FOR 12 MONTHS
Raj & Sarah rented a beautiful family home in Eynesbury through Leap Real Estate. They paid their rent on time, looked after the property and were not in breach of their rental agreement for their first 12 month rental term. They then went on to renew their lease.
THEY GOT THEIR FINANCES IN ORDER
Whilst renting, Raj & Sarah saved a deposit to purchase a new home, and got pre-approval for a home loan with the help of a mortgage broker.
THEY THEN APPLIED FOR A LEAP YEAR
Once their finances were in approved, Raj & Sarah emailed their Leap Property Manager to choose a year to re-allocate their rent to a Leap Year rebate. Their property manager promptly approved this given their positive rental history.
THEY PURCHASED THEIR HOME
Raj & Sarah began to look at homes to purchase within Resimax Group communities. As they loved living in Eynesbury, they chose a fabulous 4-bedroom family home in this community. They purchased through Leap Real Estate, paid their deposit and secured their land.
THEY SETTLED, HOW GOOD!
As they had been approved for a Leap Year rebate, when it came time to settle their home, Leap Real Estate rebated an amount equivalent to 12 months of their rent off the purchase price of their new house and land package. This equated to nearly $25,000. Together with the first home buyers grant they received a total of $35,000 off the purchase price of their house and land package.
Click here for full list of terms and conditions and eligibility for the Leap Year Program
Once you’ve experienced a Leap rental, you won’t want to leave… promise!
You see, Leap renters really do get the best of both worlds. An exceptional home in a progressive community + exclusive lifestyle benefits and rewards, creating remarkable living at a lower cost.