Intermediate rent offers you the opportunity to rent a home at a rent that is 20% less than the market rate.
The rent charged is up to 20% less than you would expect to pay for a home in a similar area if you were renting from a private landlord.
We have a range of different types of intermediate rental homes including studios, one, two and three bedroom flats and shared apartments.
Shared apartments include a private bedroom with en-suite bathroom (London only) and shared living facilities.
To be considered for an intermediate rental property, you need to meet certain eligibility criteria.
Am I eligible?
To be eligible for an intermediate rental home, you must:
- Be working
- Have a gross household income of less than £66,000 per annum to rent a shared apartment, studio, one or two bedroom home
- Have a gross household income of no more than £80,000 per annum to rent a three or more bedroom home
- Be able to afford 80 per cent of the local market rent without assistance, e.g. Housing Benefit.
For some developments, there may be other criteria such as the Borough you are currently living or working in.
Before you rent a home with us, we will ask you to complete a financial assessment.
How do I make an accommodation enquiry?
Use our property search to find our intermediate rental homes and fill out the form on each property page you are interested in.