New tenancies make homes ‘affordable’ for Riversmead residents

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Published by SRedford for Network Housing Group Limited in Housing and also in Communities

Riversmead Housing Association, a member of Network Housing Group, is offering new residents who move into a rented home an affordable rent tenancy, which is an assured short hold tenancy fixed for a period of five years. This new type of tenancy was introduced by the Government in April 2011 and began being implemented by Riversmead from October 2011. Rent is charged at 75% of the current market rent for a property of a similar size in the same area. For example if a three bedroom house has...

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