These brand new two bed apartments are available now on the Intermediate Rent scheme, that means the rent is 20% lower than market value, enabling you to save a deposit to potentially buy a property! These properties are modern and innovative, providing energy efficient homes that are warm, comfortable and cheap to run. We hope to provide a brighter future for the people of Swarcliffe. 8 apartments available to let (terms & conditions apply) The apartments benefit from: Satelite dish which is Sky+ and HD compatible (please note this is not pre-connected) Lift to all floors Parking is on a first come first served basis CCTV in the carpark Rotary dryers in grounds Fob entry to car park The properties include: Oak kitchens with black work tops Flooring and blinds White goods including under counter fridge and freezer Wood double glazed windows Gas Central Heating Thermo shower over bath Chrome towel radiator Small storage cupboard What is Intermediate Rent? Intermediate Rent is where you pay reduced rent on a new-build home, enabling you to save for a deposit and then purchase the property at a later date. If you are having trouble obtaining an affordable mortgage without a deposit, you may be eligible to take part in Intermediate Rent. In the scheme, you pay 'intermediate rent' - which is no more than 80 percent of the current market rent - on a new-build home for up to five years. You use the time that you're paying reduced rent to save up for a deposit so you can obtain a mortgage and purchase a home. How the scheme works During the intermediate rent period, you may be able to buy your home through the Newbuild HomeBuy shared ownership scheme. Your HomeBuy Agent helps you to determine the proportion of the property that you can afford to purchase, which has to be between 25 and 75 percent of the property's value. You continue to pay rent on the share that you don't own and as you become able to afford it, you can buy further shares until you own 100 percent of the property. If you are not able to buy the property at the end of the intermediate rent period, your landlord will review your position. Landlords consider each case on its individual merits but there is no guarantee that your tenancy will be renewed. Eligibility criteria You may be eligible for Intermediate Rent if you are a first-time buyer with a yearly household income of up to £60,000. Terms & Conditions Apply. To apply for this property, you must first complete the application form via the link: homebuy.my4walls.co.uk/AppEntry/WebApplication.aspx. Once you have received your acceptance letter, please contact the Space Property office to arrange a viewing Please note: Whilst every effort has been taken to ensure the accuracy of these details, they are subject to change without notice.