HORIZON
A new Intermediate Rent scheme which allows you to take your first step on the housing ladder.
*A maximum £2,000 per completed tenancy contribution to tenants is only considered if they meet our 'good tenants' requirement and are moving into home ownership directly after their tenancy with Westminster Community Homes. See Full terms at www.westminstercommunityhomes.org.uk
WCH offer high quality and newly refurbished accommodation at a discount against the average market rent in Westminster. This creates affordable London living, which can help assist your household budget and help save towards home ownership (incl. Shared Ownership). Westminster Community homes also offer a unique service where at the end of your tenancy you have saved enough for a deposit to move on to home ownership after your tenancy with us, we will contribute up to £10,000* towards your purchase.
"Westminster Community Homes are going the extra mile to assist you further"
The scheme will offer access to a limited number of studios, and 2 bed properties located throughout Westminster. These are let on an 'Assured short-hold' tenancy agreement for 12 months. There will then be the option to sign up to further one-year tenancies (subject to you meeting our 'good tenant' requirement and still qualifying for intermediate rent at the end of each 1-year tenancy), for a maximum tenancy of 5 years in total. All proprieties are let unfurnished, but fridge and cooker, and in some cases a washer dryer, are provided by WCH.
Ultimately, the scheme is aimed at encouraging people to save a deposit for their onward move, whether that be becoming a home owner via one of the low-cost home ownership schemes or Westminster Community Homes will make a contribution to the tenants' solicitors if moving directly on to homeownership.
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