Intermediate rent

The Intermediate rent properties are a mix of new build and modern houses and flats. They are let at 80% of market rent value and all tenants must be registered with and be accepted by Help to Buy South. When a property becomes available, it will be advertised on the Help to Buy South website, and interest parties should contact us with their application reference number. Alternatively you can call Help To Buy South on 0845 604 11 22 or email info@helptobuysouth.co.uk.

Viewing days are arranged for interested applicants. Interested applicants will be asked to supply financial information and reference details. References are taken up via the National Landlords Association.

If you are offered a property, you will be asked to pay a non-refundable holding fee of £100 and a referencing fee of £50.

Through the Intermediate Rent scheme, you can rent a home for less than the market rate. The rent charged is lower than you would expect to pay for a similar home if you were renting from a private landlord - and you also have the assurance that your home is managed by GreenSquare.

Intermediate Rent is a fantastic opportunity to rent a quality home. It is aimed at people who have difficulty affording market rents on the open market, and for those who lack a mortgage deposit and are unable to buy a home just yet.  The Intermediate rent level gives the opportunity to save for a deposit to purchase a home in the future.

Intermediate Rental properties, which may become available, will be advertised on www.helptobuysouth.co.uk. You will be required to complete their online application form to obtain a Reference Number so that you can register your interest against a property. Alternatively, you can call Help To Buy South on 0800 456 1188 or email info@helptobuysouth.co.uk

No properties are currently available.

 

Application criteria

  • Not in receipt of housing benefit
  • Household income not to exceed £60k per annum
  • Proposed tenants cannot own or part own another property.

Frequently Asked Questions

How long does the tenancy last?
Intermediate Rent – The initial term oftenancy we offer is 6 months (minimum). Provided the property is being maintained and rent account is up to date, we will offer a further 6 or 12 month tenancy.

Rent To Home Buy – The tenancy offered is for a fixed term; by the end of the tenancy a portion of the property must be purchased. 

Terminating my tenancy?
Intermediate Rent - If you wish to terminate your tenancy, we require one months notice, prior to the end of your tenancy. GreenSquare will give you a minimum of 2 months notice.

Rent To Home Buy – Please contact the team to discuss your options on 01249 465465

Can I leave early?
No.  If you decide to leave the property early you will be liable to pay the rent for the duration of your tenancy or until GreenSquare can find a new tenant.

How much is the deposit?
The deposit is normally the equivalent to a months rent plus £100. The deposit is paid to us and then registered with The Deposit Protection Service. The deposit is held  for the duration of the tenancy and, after the final check out inspection, that amount will be returned to the tenant or an agreed figure deducted for damages/repairs or unpaid rent.

How often will I be inspected?
We aim to complete inspections every 3 months during the first 6 months. Provided everything is satisfactory during the initial tenancy period it will increased to 6-monthly inspections.

Do you accept housing benefit payments?
No, due to the schemes requirements we cannot accept Housing Benefit payments.

Do you accept a Council Bond as a deposit?
No, due to the schemes requirements we cannot accept a Council Bond as a deposit.

I need a repair on my property, who should I contact?
Please call us on 01249 465465.

I have locked myself out of my property, what should I do?
Please call us on 01249 465465.

How can I pay my rent?
We offer Direct Debit services to ensure hassle free payment. We also accept card payments over the phone.

Do you allow pets?
No. Pets will only be accepted in the property on prior approval of the association and tenants will be required to sign a pet contract. Please note that an extra deposit may be required.

Contact Us

GreenSquare Commercial Property Management,
Methuen Park,
Chippenham,
Wiltshire,
SN14 0GU

Tel: 01249 465465
Email: commercial.management@greensquaregroup.com