Finding it hard to pay the rent, but don’t qualify for social housing? You may qualify for a cost rental home.

Finding it hard to pay the rent, but don’t qualify for social housing?

You may qualify for a cost rental home. Rents in cost rental homes are cheaper than standard rents. This is because they are based on the cost of the building and maintaining the home and do not include a profit.

Cost rental housing provides affordable rented accommodation to people on middle incomes. It is aimed at people who are above the threshold for social housing but have difficulty affording private rented accommodation. It is called ‘cost rental’ because the rent you pay is based on the cost of building, managing and maintaining the homes. It does not include any profit for a developer. This makes the rent cheaper than standard rents. The rent for cost rental homes must be at least 25% below regular market rents in an area.

Find out about cost rental schemes in your area and see if you qualify: https://bit.ly/3uYSf2X