Intermediate rent allows you to rent a home at a rent that is less than the market rate. It is charged at 80 per cent of what you would expect to pay if you were renting from a private landlord.
Homes to rent at intermediate rent are let by a registered housing provider such as a housing association.
To rent a home at intermediate rent, you will need to earn less than the earnings cap set by the housing provider. However, you must be able to able to afford 80% of the local market rent without financial assistance, such as housing benefit.
Some schemes may give priority to applicants living and working in the scheme area.