Intermediate Market Rent
This product allows you to take advantage of a government backed reduced rent scheme. The rent is usually around 20% less than you would expect to pay in the private rental sector.
There is no obligation to buy the property, however the scheme has been designed to encourage you to save towards a deposit for future purchase.
Some landlords may have a process in place to check on the progress of your savings but it is the responsibility of the individual landlords to inform you of any criteria linked to their intermediate rental schemes.
For more information ring the Plumlife HomeBuy agency team on 0161 447 5050
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