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If you'd like to learn more about how WDH could
help you get on the property ladder please contact one of our team.
We occasionally have properties available to rent on a short term basis with the intention of
you being able to buy the property at a later date through the Shared Ownership scheme.
As the properties are intended for Shared Ownership, the rent you will pay is an 'affordable rent'
and represent approximately 80% of the market rent. This means that the rents, and any rent increases, are above the normal
WDH social rent levels but below market rent.
This will allow you to rent the property at a lower rent to enable you to save a deposit
to buy the property at a later date wherever possible.
The properties are offered on an Assured Shorthold Tenancy Agreement.
When we are in a position to sell the property you will be offered the first opportunity
to buy a share in it, if you can afford to do so (terms and conditions apply). If you are
not in a position to do so, your tenancy will end and you will have to find another property.
To be eligible for the scheme you need to:
In addition to the deposit, potential buyers will need approximately £2,500 to cover the costs of
buying a new home including legal fees, for example.