To find out more about Intermediate Market Rent, visit the Hyde Housing website.
Or contact the Empty Homes and Lettings team on 0800 3 282 282 or firstname.lastname@example.org
What is Intermediate Market Rent (IMR)?
Intermediate Market rent is designed to help potential first time buyers who cannot yet afford to buy a home, but want the chance to save for a deposit to purchase a home within the next 5 years.
Intermediate rent offers you the opportunity to rent a brand new or refurbished home, or a home that is being re-let at less than the market rate. The rent charged is approximately 20% lower than what you would expect to pay for a similar home in a similar area if you were renting from a private landlord.
As well as being more affordable, you have the assurance that your home is built, managed and let by a registered housing provider.