Finance Options
Hire Options
Tiny Home Hire and Hire Purchase Options
Not everyone is ready to buy outright, and that’s fine. Hiring a tiny home or cabin, or working towards ownership through a hire purchase agreement, gets you living in one sooner, while you build towards owning it outright.
It’s a genuinely practical middle ground: not renting forever, and not a full purchase on day one. For plenty of people, it turns out to be exactly the right pace.
Who This Suits
Hire purchase works well for a specific set of people.
Renters ready for something more. If a full deposit is still a way off, hire purchase gets you into a home now, with ownership building steadily alongside your payments.
People who want certainty before committing fully. Downsizers, first-time tiny home buyers, and anyone weighing up tiny living can move in and know for sure, rather than deciding from the outside.
People who value flexibility. Contractors, seasonal workers, and anyone whose income varies month to month get a structure that flexes with them.
If you already have a full deposit ready, a standard loan is usually the better value option over the full term, and we’ll say so plainly if that’s your situation.
Hire Purchase Compared to a Standard Loan
Both get you into a tiny home. They get you there differently.
With a loan: you own the home from the start, subject to our security interest, building equity from day one.
With hire purchase: ownership builds progressively as you pay, and you’re living in the home the whole time.
We’ll talk you through both, side by side, so you can see clearly which one fits your situation.
What Your Hire Purchase Agreement Covers
Every agreement clearly sets out:
- who owns the home during the agreement, and when that changes
- how your payments count towards ownership
- the total amount you’ll pay across the full term
- how long the agreement runs
- who’s responsible for maintenance, repairs and insurance
- what happens once you’ve completed the term
- how to pay it off early, refinance, or transfer the agreement
We’ll walk you through every part of it before you sign, so you know exactly what you’re agreeing to.
What Hire Purchase Costs
We’ll give you the full breakdown for your specific home and circumstances: the deposit (if any), your weekly or monthly payments, the total term, and the full amount you’ll pay by the end of it. Nothing left for you to work out on your own or take on faith.
Alongside that, we’ll show you the same numbers for a standard loan on the same home, side by side, so the comparison is real rather than theoretical. Some buyers look at that comparison and choose the loan. Others decide the flexibility of hire purchase is worth the difference. Either way, you’ll have the actual figures in front of you before you decide, not just ours to take our word for.