Affordable Rent

 

What is Affordable Rent?

Where permissible, we offer our properties on an "Affordable Rent" basis. Rent is set at no more than 80% of the local market rate, for example; if the market rent for a similar sized property in the area achieves £500 per calendar month, then the Affordable Rent price we set for our property would be set at least 20% below this figure, equating to £400 per calendar month. 

The Affordable Rent price includes any service charges that apply to a property.
 
In our efforts to support Britain's Armed Forces, NHS and Emergency Service Personnel, our Affordable Rent properties are offered first to our priority group.
 
We advertise and allocate our Affordable Rent properties through choice based letting schemes, local authority waiting lists and may promote properties via the various internet portals we use. You can search, apply for and bid for properties in your area.

Eligibility


Our Affordable Rent homes are available to applicants in housing need and with a household income below £80,000 per annum. Applicants must also have a local connection to the area they choose to live either through work, immediately family or existing address.


So not encourage people to live in housing which they cannot afford, applicants must demonstrate that the rent charged does not exceed 40% of their gross income.


Our aim is to prioritise households from our primary customer group and who are in employment, where possible. Exceptions are made where applicants are unable to work due to a disability or caring responsibility.

 

 

Applying through your Local Authority


We may be required to advertise some of our Affordable Rent homes through the Local Authority. To secure one of these homes you will need to register with the Local Authority Housing Department for the area you wish to live. Many councils use choice-based lettings schemes.

 

If you are successfully nominated for one of our properties advertised through your local council’s scheme, we’ll contact you to talk you through our tenancy application process.

 

 

How to secure an Affordable Rent property:


1.   Register as a Tenant with Auxesia Homes and be first to know about our latest Affordable Rent properties in your preferred area.
     
2.   Register with your Local Authority Housing Department

3.   Once you find a home that’s right for you, you may bid on it. You can bid on more than one property at a time.

4.   All bids are then ranked from highest priority to lowest. The highest priority will be offered the property first.

5.   If you’re successful, and you pass our Tenant Reference Checks, you may view the property. 

6.   Should you wish to proceed, we will prepare the Tenancy Agreement and set a move in date.

Download our Tenant Handbook