Rent to Buy Scheme definition

Rent to Buy Scheme means a scheme which allows working households to rent a home at an Intermediate Rent enabling the tenant to save for a deposit and purchase their first home in accordance with the requirements and procedures set out in the Homes England Capital Funding Guide or other such similar guide or document that might replace it
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Rent to Buy Scheme a scheme introduced by the HCA under which dwellings may be rented at up to eighty per cent (80%) of market rent for a period of up to five years during which time the occupier shall have an option to purchase the dwelling on Shared Ownership Terms;
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Examples of Rent to Buy Scheme in a sentence

  • The Rural Rent to Buy Scheme would be aimed at first time buyers who fall just below the Mortgage threshold.

  • It has previously been agreed to assist Tighean Innse Gall (TIG) with financial support in the form of a 3 year repayable grant to help fund the construction of two properties under a Rural Rent to Buy Scheme.

  • It also noted another property on the same development advertised to let on a Rent to Buy Scheme.

  • In forming this opinion, the Directors have considered any potential impact of the COVID-19 pandemic on the going concern and viability of the Company.The Board continues to monitor the ongoing impacts of the COVID-19 pandemic and has concluded that the biggest threat to the Company with regards to this pandemic is the failure for a key service provider to maintain business continuity and resiliency while maintaining work from home and social distancing practices.

  • The Government announced their intention to launch two year Affordable Rent to Buy Scheme.

  • The Rent to Buy Scheme (RTBS) aims to help people who wish to become home owners by allowing them to rent a home for up to 5 years whilst saving up for a deposit to buy your home.

  • The types of arrangements and tax consequences outlined are intended as general guidance and are not to be taken as being definitive or exhaustive.The VAT treatment of ‘rent-to-buy’ schemes is outlined in the Rent to Buy Scheme area of the Revenue website.

  • The Rent to Buy Scheme aims to help mainly, but not exclusively, first time buyers who wish to own a home, such as people living in social housing; private rented housing; or with relatives.

  • This policy does not apply to our:  Shared Ownership Scheme  Rent to Buy Scheme  Mutual exchanges  Ongo Homeless Service  Commercial properties  Other specialist housing schemes which have their own nominations and allocations arrangements.

  • VAT TreatmentThe VAT treatment of ‘rent-to-buy’ schemes is outlined in the Rent to Buy Scheme area of the Revenue website.

Related to Rent to Buy Scheme

  • Office Space means the offices of the Service Provider located at 000 Xxxx Xxxxxx, Xxxxx 00, Xxx Xxxx, Xxx Xxxx 00000 (or any successor location or other existing office space of the Service Provider or any of its affiliates).

  • Memorandum of Lease has the meaning set forth in Section 5.01(c)(iii).

  • Annexure F means, if applicable to the Product or the subject matter of this Agreement and read conjunctively with the Contractor’s obligations in terms of the Consumer Protection Act, the express warranties provided by the Contractor in relation to the Product.

  • Rent Schedule means a written schedule for the Mortgaged Property showing the name of each tenant, and for each tenant, the space occupied, the lease expiration date, the rent payable for the current month, the date through which rent has been paid, and any related information requested by Lender.

  • GSA (Greater Sydney Area) means within the area bounded by the Local Government areas of Pittwater, Hornsby, Baulkham Hills, Hawkesbury, Penrith, Liverpool, Wollondilly, Campbelltown and Sutherland.

  • Time of Sale as used in the Act, means 5:00 p.m. New York City time, on the date of this Agreement. Prior to the Time of Sale, the Company prepared a Preliminary Prospectus, which was included in the Registration Statement filed on April 29, 2021, for distribution by the Underwriters (such Preliminary Prospectus used most recently prior to the Time of Sale, the “Sale Preliminary Prospectus”). If the Company has filed, or is required pursuant to the terms hereof to file, a Registration Statement pursuant to Rule 462(b) under the Act registering additional securities (a “Rule 462(b) Registration Statement”), then, unless otherwise specified, any reference herein to the term “Registration Statement” shall be deemed to include such Rule 462(b) Registration Statement. Other than a Rule 462(b) Registration Statement, which, if filed, becomes effective upon filing, no other document with respect to the Registration Statement has been filed with the Commission. All of the Public Securities have been registered for public sale under the Act pursuant to the Registration Statement and, if any Rule 462(b) Registration Statement is filed, will be duly registered for public sale under the Act with the filing of such Rule 462(b)

  • Date of sale means the date agricultural products are

  • Annexure B means a copy of JOBURG MARKET Supply Chain Management Policy in terms of which this Agreement and the bid was specified, evaluated, adjudicated and awarded.

  • Space means the volume of gas which a user of a storage facility is entitled to use for the storage of gas;

  • Annexure A means the Contractor’s tender to supply the Product or render the Services or works to JOBURG MARKET in terms of the scope of work and on the terms and conditions, pricing and payment terms set out therein.

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Adopt a comprehensive land use plan means to enact a new

  • Annexure G means a copy of the regulation 36 deviation approved by the Accounting Officer (Chief Executive Officer) of JOBURG MARKET in the event that in the procurement of this Agreement the official procurement processes was dispensed with based on an exceptional circumstance allowed by the SCM Regulatory Framework.

  • land use scheme means the land use scheme adopted and approved in terms of Chapter 3 and for the purpose of these By-laws include an existing scheme until such time as the existing scheme is replaced by the adopted and approved land use scheme.

  • Annexure E means, if applicable in terms of the scope of work, the Contractor’s Project Plan delivered to JOBURG MARKET within the time specified therefore.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.

  • Transfer Scheme means a transfer scheme made by the Secretary of State under Section 12 and Schedule 2 of the Railways Act 2005 (or equivalent statutory provision) pursuant to paragraph 3.1 of Schedule 15.4 (Provisions Applying on and after Termination), being substantially in the form of Appendix 1 (Form of Transfer Scheme) to Schedule 15.4 (Provisions Applying on and after Termination), but subject to such amendments as the Secretary of State may make thereto as a result of any change of Law affecting such transfer scheme or other change of circumstances between the date of the Franchise Agreement and the date on which such scheme is made;

  • Opium poppy means the plant of the species Papaver somniferum L., except its seeds.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Mobile home space means a parcel of land for rent which has been designed to accommodate a mobile home and provide the required sewer and utility connections.

  • Annexure D means, if applicable to services rendered at JOBURG MARKET’s premises by the Contractor, the Occupational Health and Safety Act Agreement entered into between the Parties in terms of section 37(2) of that Act.

  • industrial premises means any place or premises (not being a private dwelling house), including the precincts thereof, in which or in any part of which any industry, trade, business, occupation or manufacturing is being ordinarily carried on with or without the aid of power and includes a godown attached thereto;

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • Initial Xxxx of Sale means the document, in the form of Attachment B hereto, executed by an authorized officer of SLM ECFC which shall (i) set forth the applicable Initial Loans offered by SLM ECFC and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, (ii) sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all rights, title and interest of SLM ECFC in the Initial Loans listed on that Xxxx of Sale and (iii) certify that the representations and warranties made by SLM ECFC as set forth in Sections 5 (A) and (B) of these Master Terms are true and correct.