Intermediate rent allows you to rent a property on selected sites at 80 percent of the full market rent. For example, if the full market rent is £500 per month, applicants on the Affordable Housing Scheme will pay £400 per month.
Intermediate rent eligibility
Applicants must:
- be registered with the Affordable Housing Scheme
- have lived in the Bury borough for the last 6 months or more before applying
- for joint applicants, only one must meet this criteria
- have no current or previous rent arrears or history of anti-social behaviour with the council
- not own any other residential property in England or any other country
- be in permanent employment and have a household income of less than £80,000 per annum
- applicants on temporary contracts may not be accepted.
An independent financial advisor will assess your financial circumstances to make sure that you're eligible and that your rent payments are affordable. Some financial advisors charge for their services and will advise you of any potential costs upon contact.