|
What is Discounted Rent |
|
|
|
|
|
Discounted Rent is predominantly for key workers,
however on occasion other priority individuals
can be accepted, subject to individual scheme
criteria.
The scheme offers key workers the opportunity to
rent a newly built home, at approximately 80% of
ordinary market rents for homes of similar size
and specification in the surrounding areas.
Details of these properties can be found on this
web site.
It is also possible should you initially rent a
property under this scheme that at a later date
you may be able to apply to purchase the property
under the terms of the New Build HomeBuy scheme.
Your home is at risk if you do not keep
up rent and mortgage payments
Please note that the value of properties
can go down as well as up |
|