Market or Intermediate Rent
Grand Union specialises in Residential Lettings and Property Management operating in the Bedfordshire, Buckinghamshire and Northamptonshire areas.
We are fully focussed on our priorities and the needs of the landlord. We strive to offer the best quality service in letting and managing properties and aim to make the process as smooth and transparent for you as we possibly can.
You will be managed by our dedicated lettings team who will take you through the whole process from your very first enquiry right through to moving into your new home, and your lettings agent will manage your tenancy throughout until you decide that you would like to move on.
We are able to offer a 24 hour, 365 days a year emergency repairs service so should the unthinkable happen we are only a phone call away. We believe that this kind of service is what sets us apart from other competitors in the market, along with the flexibility of our tenancies and the fact that we do not work on commission so our sole objective is to get you the home that is right for you.
Market rented properties are generally owned by housing associations and the market rents are set the same as private renting. They are offered on assured shorthold tenancies with a minimum term of 12 months.
Intermediate rented properties are generally owned by housing associations and the rents are typically set at 80% (or less) of market rents. They are offered on assured shorthold tenancies with a minimum term of six months, similar to private renting.
The housing association letting the property will require a deposit equivalent to one month’s rent and that the rent will be paid a month in advance. The deposit paid must be protected in a Rent Deposit Guarantee scheme and a copy of this will be provided at the beginning of the tenancy.
When an intermediate rent property becomes available, the housing association will contact the HomeBuy Agent for the area the property is in. If you are interested in this option, you should register with the Local HomeBuy Agent. Grand Union has properties in Bedfordshire, Northamptonshire and Milton Keynes. The majority of the properties are in Milton Keynes.
- Bedfordshire – www.helptobuyese.org.uk/
- Northamptonshire – www.helptobuymidlands.co.uk/
- Milton Keynes – www.helptobuyese.org.uk/
- If you want to look at this option in other areas of the country, you can find the Local HomeBuy Agent on www.helptobuy.gov.uk/equity-loan/find-helptobuy-agent/
If the HomeBuy Agent is unable to provide a new tenant for the properties, they may be advertised through local letting agents alongside private rented properties. In some areas they may be advertised through a choice based letting system.