Intermediate rent is an innovative scheme which provides an ideal solution for those wishing to buy a home, but are struggling to get a deposit.
Intermediate rent is charged at 20% lower than what you would expect to pay to a private landlord, which gives residents the opportunity to save money for a deposit, to buy a home in the future. Applicants must meet a minimum household income and have the finanancial means to make a commitment to enter into home ownership within a five year period.
To see if you qualify, for more information about intermediate rent or to arrange a viewing, call our sales team on 0121 322 7400 or email sales@mercian.org.uk.
View properties currently available on this scheme below.
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Available Derwent Foundry is situated in historic St Paul’s Square, in the heart of Birmingham’s Jewellery Quarter and is a testament to the Victorian Era when many industrial buildings were of architectural significance.
The former foundry building will be converted into 98 spacious one and two bedroom apartments rising to four floors which will benefit from the original features of this Grade II listed building.
All homes will also benefit from access to two, stylish and secure landscaped courtyards.
As well as the careful restoration process, an additional wing of sympathetically styled, new apartments will provide a further opportunity to live in this beautiful and historic building.
For Sales and Viewing Enquiries: Contact Clare 0121 262 2033
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Available An UNFURNISHED selection of brand new apartments at a smart new address close to the City Centre and Earlsdon, offering a quality specification and providing two bedrooms ready for occupation soon. Each apartment is equipped with built in appliances to include oven, fridge and washing machine and is offered with carpets fitted. The building has a lift and offers secure parking at extra cost. (NOT AVAILABLE TO STUDENTS OR UNEMPLOYED APPLICANTS) These unfurnished apartments include: * Quality Specifications,
* Integrated kitchen appliances,
* Carpets,
* Lift access,
* Secured parking at extra cost,
* Adjacent to Butts Park Arena. Rent for One Bedroom Apartment: £470.00pcm Rent for Two Bedroom Apartment: £530.00pcm
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Available RENT FROM - £400pcmKinvara Heights is a exciting new development consists of 126 one and two bedroom apartments set over six floors with landscaped communal gardens. The apartments range in size and aspect and there is a choice of plots with en-suite bathrooms, balconies and city views. There is also the option of private gated access to an underground car park with allocated parking spaces.
Forming part of the exciting multi million pound urban re-generation scheme, the surrounding area is a hive of activity and it set for considerable investment and change. The site remains within easy walking distance of the city centre and on several major bus routes. Kinvara Heights offers a superb opportunity for purchasers to invest in an up and coming area at an affordable price, whilst retaining all the benefits of Birmingham City living.
For more details contact: Kinvara Heights Sales Team 0121 772 4777 or email kinvara.heights@placesforpeople.co.uk
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Available An UNFURNISHED selection of newly built two bedroom apartments available for intermediate rent at St Cuthberts Place, Castle Vale. Applicants who are not ready to commit to buying a home or who have difficulty securing a mortgage may consider this option as an alternative to home ownership where eligible. (NOT AVAILABLE TO STUDENTS OR UNEMPLOYED APPLICANTS)
These unfurnished apartments include: * Quality Specifications,
* Carpets,
* Blinds,
* Gas Hob; Oven and Hood,
* Heated Towel Rails,
* Allocated Parking Rent for Two Bedroom Apartments £506.88pcm Rent for Two Bedroom Apartments with En-Suite £563.22pcm The development has also been designed in association with Secure by Design to give additional security and peace of mind. All rents quoted include service charge. For more details contact: The Sales Team on 0121 322 7400 or email sales@mercian.org.uk. More information |  |