On some of our new build housing developments, there are requirements specified at the planning stage which give priority to applicants who live and work in the local area. If this is the case you may be required to provide additional information to support your application.
There are no restrictions on the size of the property you can apply for. We will use our discretion during the application process to ensure our properties are allocated appropriately, based on the number of intended occupants, should there be multiple applications for each development.
You will be required to enter into an assured shorthold tenancy agreement. The tenancy agreement will be fixed for the first six months and you will be unable to serve notice to end your tenancy during this period.
The tenancy agreement will need to be signed by both you and Beyond Housing before you move into your home.
You will be provided with a copy of the tenancy agreement during the application process to give you time to read and understand the commitment you are entering into.
The tenancy agreement will set out the responsibilities of both Beyond Housing as your landlord and yourself as our customer. This will include your liability for paying your rent and upkeep of your home.
It will also detail our responsibilities to you as a tenant and your responsibilities to us as landlord.
The tenancy agreement is a legally binding contract and it is important to remember that any breach of the agreement could lead to further action being taken to end the tenancy.
You will be required to a sign a rent to buy option agreement along with your tenancy agreement before you move into your home, confirming your intentions to use the benefit of the five year reduced rent period to help you save towards a mortgage deposit.
The option agreement sets out the terms and conditions should you decide to purchase the property either during or at the end of the five year rental period.
The rental amount will be set at 80% of the current open market rental value. Including any service charge payments. Rent and service charges are reviewed annually on 1 April.
These will be calculated in line with the details stipulated within your tenancy agreement and will be checked to ensure they do not exceed 80% of the open market value.
Rent payments will be collected on a monthly basis in advance. The first month’s rent is to be paid 1 working day prior the start of your tenancy and then monthly by direct debit in accordance with the date you moved into your home i.e. for a tenancy which commences on 14 March, the rent will be due on the 14th of each month moving forward.