The demand for properties to rent through the Council and local housing associations is very high. There are around 2,500 people who have applied for housing with the Council, therefore applicants will have to wait a long time to be offered a property.
If you are working and have a reasonable income then affordable rent (also known as intermediate rent) may be another option for you to consider.
What is affordable rent?
Properties will be rented through a local Housing Association, but the rent is set at a higher amount than traditional social rented properties, where applicants are normally assessed on ‘need’ basis.
The properties are usually new or relatively new and on some schemes, you may be able to rent the property initially and buy it at a later date.
How much does it cost?
The cost of the rent will vary depending on the property type and location, but will usually be 20% lower than what you would expect to pay for a property rented from a private landlord.
For example, a 2 bedroom house was recently let in Wrexham for £450 per month (April 2012).
Am I suitable for affordable rent?
Properties available for affordable rent are aimed at applicants who are in employment, and are on a relatively good annual income, but for whatever reason cannot afford or do not wish to consider home ownership.
Generally, your household income should be between £15,000 to £30,000.
How do I apply?
You will need to be registered on the Affordable Home Ownership Register.
For more information or to apply, click here