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Rent First Scheme

Rent First is a scheme which enables people to rent a property first and then purchase it, if they wish to, at a later date

 

The Rent First scheme provides a mid-market housing solution for individuals and families who are in a financially stable position and yet are unable purchase a house at the present time due to economic uncertainties, house prices and lack of deposit for a mortgage.

 

Under the Rent First scheme, rent will be charged at a lower amount than market rent which will enable a deposit to be saved. The tenant will then be able to purchase the property after a period of three years.

 

Are you a first time buyer?

Want to own a home of your own?

Don't have a deposit?

Look no further, home ownership could be within reach.

 

To be eligible for the scheme applicants must:

  • Be over 18
  • UK citizen or EU/EEA passport holder or have ‘indefinite leave to remain’ stamped in your passport
  • Must have a local connection to Llantwit Major or adjacent communities
  • Meet certain affordability criteria (including a minimum income requirement)
  • Be a first time buyer or consider yourself to be first time buyer in your own right
  • For those leaving the Armed Forces, have lived in Vale of Glamorgan for 6 months prior to joining the armed forces

 

Apply for a Property

If you are interested in purchasing a property on this scheme please read the FAQ and complete the Rent First Application Form.

 

Please note that eligibility criteria apply. Applications will be assessed and if successful held on a reserve list for the next available property.

 

Please return completed forms to: Housing Strategy Team, Vale of Glamorgan Council, Civic Offices, Holton Road, Barry, CF63 4RU

 

 

 

 

 

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