intermediate market rent
Intermediate Market Rent (IMR) is when someone rents a property from bdht and only pays 80% of the open market rent. For example – a one bedroom flat in the private rented sector costs £500.00 per calendar month and then bdht would charge £400.00.
Occupation will be subject to an assured short hold tenancy agreement for fixed period of 6 or 12 months which, in agreement with bdht can be renewed for a further 6 or 12 months.
IMR is for people who
• cannot access social rented housing or afford to buy outright or shared ownership
• are working and will be assessed as to ability to afford the rent without housing benefit
• have a joint income of less that £60,000
• are first time buyers
• have been assessed and approved by the local Homebuy Agency (Orbit – 03458 50 20 50 or www.orbithomebuyagents.co,.uk
bdht will own and manage 10 IMR properties including 1 and 2 bedroom flats and two 2 bed houses at our brand new development on Perryfields Road Bromsgrove. The properties will be available after spring 2011.
Normally a deposit of one months rent will be held by bdht and protected in the government sponsored rent deposit scheme. It will be returned to you in full when you move, provided the property is left in an acceptable condition and there are no rent arrears outstanding.
If you would like to register your interest please contact Ashlea Green on freephone 0800 0850160 or email sales@bdht.co.uk and your name will be added to the mailing list. We will contact you again when the properties are available for letting.
latest news
Due to high demand 70% of the shared ownership homes of a major affordable housing development in Bromsgrove have already been reserved and they’re not even complete....
more
- pay your rent
- report a repair
- service standards
- contractor login
- careers
- board members wanted
- translate
