Intermediate Market Rent
What is Intermediate Market Rent?
This option offers new build homes to rent at 80% (or less) of typical market rents.
How does it work?
Homes are available through a range of housing associations on an assured shorthold tenancy, usually for an initial period of six months. This is reviewed regularly.
What are my options after renting through Intermediate Market Rent?
Many housing associations that let properties through this scheme also offer an option to buy a share in the property on a New Build HomeBuy basis at a later date. Some housing associations may ask you to agree to purchase the property after a pre-defined rental period. This is called Rent to HomeBuy. Please see your local HomeBuy Agent's website for more information.