Intermediate Housing definition

Intermediate Housing means housing at prices and rents above those of Social Rented Housing but below Market Value prices or rents which may include:

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Intermediate Housing means Affordable Housing which meets the criteria of

Intermediate Housing means housing for sale or rent (on a Shared Ownership

Examples of Intermediate Housing in a sentence

• Rent to Buy A form of Intermediate Housing, new homes to rent by Eligible Persons for a specified rental period (minimum of 5 years) which may be renewed, with the option for the sitting tenant to buy the property (or a share of it) at the end of the rental period.

• Help to Buy A range of Intermediate Housing products available to those who have registered with the local Help to Buy Zone Agent, appointed by Homes England.

• For the avoidance of doubt no clauses or obligations in this Deed prevent the Owner or RP increasing the number of Affordable Dwellings within the overall number of Dwellings permitted in the Development or providing Social Rent Dwellings in place of Intermediate Housing for sale or rent.

• Intermediate Housing part sold part let to eligible households in accordance with the terms of a Shared Ownership Lease.

• H3 To increase the amount of Intermediate Housing to provide accommodation for those seeking to live and work within the area, freeing- up ‘affordable’ units for those in need of that accommodation.

More Definitions of Intermediate Housing

Intermediate Housing means those Affordable Housing Units to be provided as intermediate housing as defined in Annex 2 of the NPPF including Shared Ownership, relevant equity loans, and other low cost homes for sale (at a price equivalent to at least 20% below local market value) and rent to buy (which includes a period of intermediate rent).;

Intermediate Housing means Shared Ownership and Shared Equity.

Intermediate Housing means affordable housing where the cost to the occupier in terms of weekly outgoings (rent service charges and mortgage where applicable) are significantly below the maximum affordable to households (as set out in the Council’s Supplementary Planning Document “Low Cost & Affordable Housing”) who are in local housing need (including Key Workers)

Intermediate Housing means affordable housing where the cost to the occupier in terms of weekly outgoings (rent service charges and mortgage where

Intermediate Housing means a range of housing for discount market rent or sale or part sale on a shared ownership or shared equity basis “Key Workers” means essential workers in key public services as defined by the Office of the Deputy Prime Minister and who are eligible for assistance under the Key Worker Living Programme as published by the Office of the Deputy Prime Minister or other such scheme that may supersede the programme or who are defined by the Council’s own definition which includes teachers nurses other health workers police fire fighters social workers bus and ambulance drivers

Intermediate Housing means London Living Rent Housing, Discounted Market Rent Housing, London Shared Ownership Housing or all or any of them (as the context requires;

Intermediate Housing means housing comprising low cost home ownership units sold through the Council’s Aspire2Own scheme or rented housing units let through the Council’s Homes4U scheme) where capital prices or rents are above those of Social Rented Housing but below open market housing prices and PROVIDED FURTHER THAT this does not include low cost market housing which the Welsh Government does not consider to be Affordable Housing for the purpose of the land use planning system;