Rent Types Explained!

Rent Types Explained!

Here at Space Property, we offer a range of different rent types on our properties to suit people in all different situations. Whether you’re struggling to rent on the open market, want to save for a deposit or can rent on the open market, we have something for everyone!

Affordable Rent Scheme

The Affordable Rent Scheme  is a government run scheme that are offers properties at 80% of the open market value. The scheme is aimed at those who are unable to rent on the open market.

There are certain criteria you must meet in order to be eligible for an Affordable Rent property. To qualify, you must:

  • Have a household income of no more than the average for your area, and more than 30 times the monthly rent amount (see individual properties for specific details)
  • Be able to pass a credit check
  • Be in permanent employment
  • Not be in receipt of Housing Benefit/ Local Housing Allowance
  • Have the funds available for: one months rent in advance, administration fee and the bond3bed-kitch-edit

The Affordable Rent Scheme has a simple online application form to fill out, and we determine which applicants are successful based on a point scoring system to identify those who are most in housing need. After you have been offered a property, you can then view your new home and reserve. We offer this scheme on many new build homes, so you can live in a brand new home!

Here is current Affordable Rent property we have available on a new build site in Upton near Pontefract; a three bedroom home  with driveway and garden for only £496pcm!

Market Rent

Market Rent properties are available to anyone in permanent employment and who meet the minimum household income (30 times the monthly rent). These properties are perfect for those who can afford to rent on the open market.dining

We offer market rent on a variety of homes from new to old, city centre to suburbs, so there’s something to suit every taste! One of our current market rent properties is this stunning two bedroom apartment in Chapel Allerton, Leeds with separate kitchen, lounge and dining rooms, patio area, white goods, ensuite and parking, all for just £800pcm!

 

Match Deposit Scheme

The Match Deposit scheme is a one of a kind scheme. Not only will it help you move into a  property, we will contribute towards your deposit to purchase your new home!

The Match Deposit scheme offers you the opportunity to:

  • Move into one of our properties immediately
  • Rent it at a low affordable rent whilst making savings toward a deposit
  • Have your savings matched by Yorkshire Housing, helping toward a deposit

You are expected to save at least £520 per annum towards your deposit and we will ask to see proof of your savings every year. Yorkshire Housing will match your deposit up to £5,200 to purchase the property.

To qualify, you must:

  • Be a first time buyer (or returning to the market)
  • Not be earning more than £45,000 in your household
  • Unable to buy a home because you are unable to raise a deposit
  • Over 18 years of age
  • Able to secure a mortgage if you had a deposit
  • Not have your name on a mortgage and own no other property

This is a fantastic opportunity to livekitchen1 in lovely home with a low rent whilst saving money to purchase you’re own home! This scheme is only offered on a select number of developments, mainly in the York area, but is a great help to get on the property ladder in quite an expensive area.

We currently have one property available on this amazing scheme; a modern two bedroom apartment just 5 minutes from York city centre, close to Monks Cross Shopping Centre. This will go quickly, so don’t miss out!

Living in Halifax, West Yorkshire

Living in Halifax, West Yorkshire

Afully FURNISHED second floor, ONE bedroom apartment set in a picturesque location in HALIFAX, just minutes from essential local amenities and TRANSPORT links.

Opus Point External Photo

Property

This fully furnished apartment features a spacious, open-plan living area, fitted with laminate flooring and a beautifully finished, modern kitchen with wooden units and cream tiling. The kitchen comes complete with integrated oven/hob, fridge/freezer, washer/dryer, dishwasher and stylish breakfast bar. This space is complete with two brown leather sofas, dining table and four chairs, coffee table and two breakfast bar stools. Kitchen2 edit

The lovely double bedroom is fully carpeted and complete with a comfy double bed, double wardrobe and bedside table, and large window looks out onto well-maintained gardens. The modern bathroom is complete with a white three-piece suite including shower over bath, as well as a mirror over the sink and electric shaver plug. The apartment also benefits from one parking space, alarm and secure door entry system.

Location

This apartment is situated on the stunning Opus Point development, close to many great local shops, bars and eateries, and is located just 1 mile south of Halifax centre. This apartment has convenient access to the M62 motorway, great bus links and is close to Halifax railway station making it ideal for commuters. The development is close to many green spaces, including Savile Park and Manor Heath Park, and offers great long distance countryside views, with the River Calder running close by.

Halifax_view_from_Beacon_Hill

As well as being neighboured by Brighouse, Elland and Sowerby Bridge, Halifax is within easy reach of nearby Yorkshire cities including Huddersfield, Leeds, Bradford and Wakefield. Being just a mile from Halifax’s centre means you’ll have access to many great shops, restaurants, bars and entertainment venues, with the town also being home to Eureka Museum, Halifax Borough Market, Victoria Theatre, Woolshops Shopping Centre, The Piece Hall and Dean Clough converted mills.

Where to eat & drink

  • Ricci’s Place – delicious Mediterranean cuisine served in a relaxed, inviting atmosphere
  • Deli on the Bridge – a modern, chic deli with a great selection of home-cooked dishes
  • Inn Cognito – a varied menu cooked to perfection by expert chefs, with a quirky setting
  • Brasserie at the Bull – a luxurious restaurant offering modern-British dining and a friendly atmosphere
  • Ricci’s Tapas and Cicchetti – the best tapas in Halifax in a stylish restaurant with excellent staff
  • The Murgatroyd Arms – a traditional pub with a friendly atmosphere, real ales and quality food
  • Shears Inn – a quintessentially ‘Olde Worlde’ English pub offering great value for money
  • Julio’s – traditional home-cooked Italian food served by excellent staff in a relaxed atmosphere
  • Ziggy’s Spice House – one of the longest established and best loved Indian restaurants in Halifax
  • Towngate Brasserie – an excellent restaurant that you won’t be able to visit just once

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Upcoming events

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Affordable Rent Scheme: Part 2- Application Tips

Today we have the second part of our Affordable Rent Scheme guide by our Lettings Administrator Ellie, giving you tips on the application process and answering frequently asked questions.

  • Read the eligibility criteria through carefully. You will only be able to apply for properties available on the Affordable Rent Scheme if you meet all of the criteria listed on the advert.
  • Make sure you select the scheme, housing association and development name when filling out the application form. We will not be able to see your application on our systems if you do not select the correct scheme, housing association or development name on the first page of the application form. This information is available on the advert, listed below the link to the online application.
  • Provide as much detail as you can when filling out the online application form, including the address of your employer and your income. If you work for a company which has a head office elsewhere please provide details of the local branch where you work. There is also an ‘Additional Information’ section on the application, and any information you feel we need to consider should be listed there.
  • Please be patient. We know there’s nothing worse than waiting, but many of the properties we offer are extremely popular and we usually receive a number of application forms. We want to make sure we give all the applications our full consideration and, as you can appreciate, this takes time. You will hear back as to whether you have been allocated the property or not, but we cannot give a set time for when this might be.
  • If you are eligible, keep applying! You may not be successful this time round but we do offer a number of both new build and re-let properties which are all advertised on www.spaceproperty.co.uk

FAQs

Can I apply if I’m in receipt of Housing Benefit?

We can accept Housing Benefit but we cannot take it into consideration when assessing your household income.

Can I apply if I’m a student?

Undergraduate and postgraduate students are not eligible to apply for this scheme as you need to be in permanent employment with a taxable income to be eligible.

Can I view the property?

Viewings are only offered once all the applications have been reviewed and the property is allocated. If you are allocated the property, you will be offered a viewing and after this you will need to pay a reservation fee which covers the cost of the credit check.

Is there a fee to apply?

There is no fee for filling out an application form online but, if you are allocated and after viewing wish to reserve it, you will need to pay a reservation fee of £170 (single applicant) or £220 (joint applicants). This fee covers the cost of the credit check and admin costs.

Will I hear if I haven’t been allocated the property?

We will email you to let you know the outcome of your application, even if you haven’t been allocated the property this time.

Affordable Rent Scheme: Part 1 – The Process

Today we have a great guest blog from our very own Lettings Administrator, Ellie! She will take you through the five step process of applying for one our homes on the Affordable Rent Scheme.

Step-by-Step guide to the Affordable Rent Scheme

At Space Property, we offer affordable housing and one of the schemes some of our properties are available on is the Affordable Rent Scheme. The rent is offered at 80% of the open-market value. The scheme is designed to help families or individuals who cannot afford to rent a property on the open market which meets their housing needs.

If you are interested in the Affordable Rent scheme and would like to apply, here’s a step-by-step breakdown of the application process:

Step 1 – Check you meet the Affordable Rent criteria and fill out an online application form If you see a property advertised on the Affordable Rent scheme and are eligible to apply, you will need to fill out a short application form online. Make sure you read all the information on the advert as you will need to select the correct scheme, housing association and development on the application in order for us to see your application at the next stage.

Step 2 – We review the applications

Each property is advertised for two weeks and there is a set deadline applications need to be completed by. After the deadline all the applications are reviewed by one of Space Property’s Lettings Co-ordinators who manage the property.

Step 3 – We allocate the property

The property is allocated to the applicant of the scheme who has the most need for it and this is worked out using a point based system. We take into consideration a number of different factors to assess housing need and financial circumstances.

Step 4 – We contact you with our decision

If you have been allocated the property, you will be contacted and offered a viewing at the property. If you have not been successful, we will contact you via email to let you know.

Step 5 – You will be invited to view and, after viewing, reserve the property

If you have been allocated the property, we will offer you a viewing. If you choose to reserve the property after viewing, you will need to pay a reservation fee of £170 (single applicants) or £220 (joint applicants) which covers the cost of an admin fee and credit check. Once the credit check has been returned and checks have been carried out at the property, we will arrange a sign in date. The bond (the equivalent of one month’s rent) and first month’s rent will need to be paid the day before the sign up.

For more information about properties available on the Affordable Rent scheme, please sign up for email alerts on www.spaceproperty.co.uk/users. Or if you have any further questions, please contact us on enquiries@spaceproperty.co.uk

Ellie will be back tomorrow with Part 2 – Application Tips!

Suburban living in Horsforth, Leeds

Suburban living in Horsforth, Leeds

Recently named as one of the best places to live, the up and coming Leeds suburb of Horsforth is the ideal place to live if you want a peaceful and beautiful setting, and access to one of the best cities in the country.

 Property17 Glenwood Villas External2

17 Glenwood Villas is a two-bedroom apartment situated in an old converted coach house, meaning it boasts its own entrance way. The lovely villa features a large open-plan kitchen and living area, with the kitchen complete with integrated oven, hob and extractor fan, and fitted with viLounge-Kitchennyl flooring. The two double bedrooms are fitted with carpet to create a cosy feel, and the master bedroom benefits from an en-suite bathroom. The main bathroom is a modern, white three-piece suite with a shower over the bath.

15 Glenwood Villas is also a two-bedroom apartment, situated on the top floor of the main apartment building. This property also features an open plan living area, witexternal (1)h a kitchen fully fitted with white goods and vinyl flooring, as well as a striking sloping ceiling with a Velux skylight window. The lounge area features a large bay window overlooking beautifully landscaped gardens. The spacious double bedrooms are fitted with carpet and wardrobes, and the clealoungen-finished, white three-piece bathroom has a bath and separate shower cubicle. Number 15 also has a large hallway with fitted storage, and both properties have allocated parking.

Location

Glenwood Villas has access to the beautiful landscaped gardens which provide lovely views from the apartments, and also overlooks the stunning Newlay Valley. Glenwood offers a peaceful setting, whilst only being a short distance from the local shops, eateries and bars. Horsforth is a historical town and has a rich heritage, and the Village Museum has collections and displays illustrating life in the village. If you fancy a trip to the city, Horsforth Railway Station is only a 5 minute journey away, giving you easy access to the vibrant city of Leeds, also making it ideal for commuters.

Why Horsforth is the best place to live

The Times named this beautiful suburb one of the best places to live in Britain, and it’s pretty obvious why. From its stunning scenery to great community spirit, it’s the ideal Yorkshire village to live in. The infamous Horsforth Hall Park is a gorgeous community park that offers something for all ages; with a unique Japanese garden, a “Trim Trail”, as well as outdoor play area and skate park. It’s perfect for a peaceful Sunday stroll on a sunny day. Pretty much the whole villageHorsforth woods is picturesque, but other great routes to walk are on the Leeds Country Way and in Hunger Hills Woods.

The village’s architecture is also a sight to behold; most buildings are made from sandstone, creating a distinctive style. The area is full of history, which you can explore in the Horsforth Village Museum. Horsforth is also full of unique and quirky culture, with Firefly pottery café where you can grab a drink and paint some pottery, whilst the annual summer event Walk of Art showcases plenty of weird and wacky creations. If you fancy the buzz of the city, Leeds is only a 10 minute train journey away, and is packed full of amazing places to eat, drink, shop, be entertained and anything else you can think of!

Places to eat &drink

Its amazing eateries and pubs also make Horsforth a great place to live. Everyone raves about Trattoria Il Forno’s incredible pizzas, and Café Marinetti also serve delicious Italian food in a family run restaurant. For Mediterranean cuisine heHorsforth 166ad to La Bistro, and for Indian dishes (and cheap pints) visit East at Enigma. If you are looking for snacks and lunches, Hamilton’s Sandwich Shop and Pooky & Grumps Deli are the best in town. For a taste of sophistication, Bar 166 & Bistro serves delicious British cuisine and the best burgers, and you’ll definitely want to stay for a drink with the locally brewed and worlds beers on offer, as well as cocktails.

The Brown Cow serves excellent American diner-style food, whilst The Brownlee Arms offers a combination of homemade food and real ale (with a superb Sunday roast). The village even has its own pub crawl, ‘The Horsforth Mile’, and a number of great pubs including The Forge, with craft beers and real music, The Abbey Inn which hosts the occasional gig, and Town Street Tavern offers a peaceful pint of craft beers and real ales.

Upcoming events

 

Town centre living in Huddersfield

Town centre living in Huddersfield

Located on the ground floor of a beautifully converted building, this one bedroom property to rent is situated just minutes from Huddersfield town centre, and boasts unique character features including original windows and high ceilings, giving a sophisticated and spacious feel.

Property

The open-plan living area offers great versatility so you can design your space however is best for you. The lounge area is connected to the hallway, and its fully fitted carpet creates distinct spaces. The adjoining modern kitchen, separated by a wall partition, comes fully equipped with integrated appliances including oven/hob, fridge/freezer and washing machine.

The bedroom is generously sized, and makes this apartment best for young couples who may be first time renters. Extra storage space comes in the form of a utility room opposite the bedroom. The fresh, modern bathroom includes a white three-piece suite with over-the-bath shower.

Location

Off-road parking is available with this apartment, but the convenient location of the Gledholt Park apartments on Edgerton Grove Road, means everything you need is within walking distance. This property is just minutes from the centre of Huddersfield and all the amenities it has to offer, and is ideal for professionals working in Huddersfield or commutiGreenhead-Park-1_1ng to either Leeds or Bradford, with the train station a five minute drive or 20 minute walk if you want to get some exercise and fresh air!

The stunning Greenhead Park is just across the road and is perfect for a scenic stroll, and a great place to relax in the summer months. Local pub The Junction is a one minute walk up the road and offers a friendly, relaxed atmosphere.

Places to eat & drink

If you are a lover of curries, then head to Westgate, Market Street or New Street for the best selection of curry restaurants in Yorkshire. Huddersfield has a wide range if cuisines to offer- Try Thai Sakon for tasty Thai food and value for money, Apandana for Persian food served by lovely staff, or Med One’s well-priced, authentic Lebanese cuisine. Parky’s Bistro serves fresh, great quality dishes in a relaxing atmosphere, and try Eric’s for a special occasion or delicious afternoon tea.

For drinks, Magic Rock Tap is hailed as the best bar in Huddersfield- its tucked away location near the train station, great selection of beers and upbeat atmosphere make it a favourite with the locals, and they even offer tours. Discovery Lounge is a cocktail bar adjacent to the Discovery Bay restaurant, and is perfect for a relaxing drink with friends, and serves its own Caribbean-themed creations. If you’re looking for something a bit different, Bar Maroc is a must try, famed for its unique, quirky vibe and welcoming, relaxed atmosphere.

ShoppingByram arcade

Huddersfield offers all your favourite high street stores, conveniently located in the Kingsgate shopping centre, with retailers such as River Island, H&M, TK Maxx and House of Fraser. If independent shops are more your thing, you’ll love the Byram Arcade; a Victorian arcade with great architecture in the heart of the town centre, with stores selling homewares, fashion, arts & crafts and vintage pieces. Make an afternoon of it by visiting one of its cafes too. If all this isn’t enough for you, just hop on a train for a short journey to Leeds, which offers a wealth of different stores, and is home to the new Trinity Centre.