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Mid market rent

Sometimes known as Intermediate Rent this is rented accommodation leased at a discounted level below the Local Housing Allowance which is set by the Government. The rent level will normally be higher than social rent but significantly lower than private rents in the area.

This type of property is normally managed by a Registered Social Landlord (RSL). To qualify prospective tenants must meet certain qualifying criteria, which may include restrictions on income level. Priority is usually given to applicants who are current tenants of the Council or an RSL, followed by applicants who are on the waiting list of the Council or an RSL.

These properties are becoming more widely available and new developments are often advertised in the local press.  RSLs currently managing this type of property are:

 

National Housing Trust Mid Market Rent

This is a new initiative to deliver rented property for a fixed period of up to 10 years before the property is sold to the tenant or on the open market. The rent level and qualifying criteria is similar to the Mid Market Rent section above, and the property is managed by an RSL.

At the end of the fixed period the properties will be sold on to the tenant or on the open market by the original developer. While existing tenants may be given the chance to purchase these properties there will be no discount given on the price. Some developers, however, may offer tenants incentives to help them save for a deposit during the duration of their tenancy. 

Further information on how the National Housing Trust scheme works is available on the Scottish Government website.

RSLs managing this type of property are:


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