Stockport 0.4 milesINTERMEDIATE RENT PROPERTY
Sanctuary Housing is pleased to offer this two-bedroom, third-floor flat at Marsland House, Stockport.
Marsland House is conveniently situated in Stockport town centre and has been designed for modern living, offering quality accommodation at an affordable rent.
Applicants must be aged 25 or over.
About Intermediate Rent
The Intermediate Rent Scheme is designed to help people who are not yet in a position to purchase a suitable home, including those who may be having difficulty obtaining a mortgage or saving for a deposit.
Intermediate Rent is set below typical private market rents, helping tenants save towards a deposit with the aim of moving into affordable home ownership in the short to medium term.
Total monthly rent: £757.12
Successful applicants will be required to:
Pass a comprehensive Experian credit check.
Be unable to purchase a home suitable for their needs without assistance.
Not currently own a home or be named on the deeds of another property.
Have no outstanding credit issues, such as unsatisfied defaults or County Court Judgments (CCJs).
Deposit and rent in advance
A five-week deposit is required and will be held in a secure deposit account.
Successful applicants will also be required to pay one month‘s rent in advance prior to sign-up.
Eligibility for Intermediate Rent
Applicants must:
Be aged 25 or over.
Have a local connection to the area, through current residence, family or employment.
Have a combined working household income of no more than £60,000 per year.
Meet the relevant affordability and eligibility criteria.
Applicants who will fully occupy the property will be given priority.
Applicants may include:
First-time buyers or previous homeowners.
People currently renting privately.
People living with family or friends.
Those who are not eligible for social housing but cannot afford to buy outright.
Graduates.
Social housing tenants.
Key workers.
All applications are subject to eligibility, affordability and credit checks.
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