Intermediate Rent

Bob, Consultant to First Step will advise you on Intermediate Rentals.

How does it work?

This is a great option if you are not looking to buy a home just yet, but want to start saving for a deposit to buy in the future.

The Housing Association typically will offer homes to rent 20% less than current market rent values.
An Assured Shorthold Tenancy with an initial commitment of 12 months is normally offered, giving you the opportunity to save money for a future deposit.
Intermediate Rent properties are currently not available to purchase, they are for rent only.

 

Am I eligible?

  • Your annual household income should be between £20,000 and £80,000.
  • You should be unable to purchase a home suitable for your needs without assistance.
  • You cannot be a current home owner (or be named on the deeds of another property).
  • You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgements).

 

Notting Hill Genesis

Hi Bob,

Got my keys. Thanks for the all the support. It was absolutely a perfect  support in terms of communication, followup and guidance provided through out the process.

It was a pleasure interacting with you and happy to be dealt with by Bob @ First Step.

Krish Kumar
May 2018