Social Rent definition

Social Rent means a rent calculated in accordance with the formula for calculating social rents set out in the Rent Standard (subject to any contrary Legislation);

Social Rent means low cost rental accommodation as defined in Section 69 of HRA 2008 made permanently available for letting to persons at Target Rents on assured tenancy terms and to include those persons nominated by any relevant local authority;5 Social Rent Dwelling means an Affordable Dwelling to be let as Social Rent; Start on Site Works means:

Social Rent means a rent calculated in accordance with the formula for calculating social rents set out in the Rent Guidance; Social Rent Dwelling means an Affordable Dwelling to be let at a Social Rent; Start on Site Date means the date on which:

Examples of Social Rent in a sentence

• The categories are classified as: • Market housing – includes properties for sale where prices are set in the open market.• Social rented – includes rented housing owned by local authorities and registered social landlords for which guideline target rents are determined through the national rent regime, set out in the ‘Guide to Social Rent Reforms’ published in March 2001.

• An increasing number of homes are either London Affordable Rent (at similar levels to Social Rent) or London Living Rent (set at a third of median income for the borough).Different tenure types are aimed at different income levels and there are restrictions in place through the grant regime used to build the homes.

• The majority of properties are either Social Rent secure tenancies (from the Council) or Affordable Rent assured tenancies at up to 80% of market rent levels (from housing associations).

• Intermediate affordable housingIntermediate affordable housing is housing at prices and rents above those of Social Rent but below market price or rents, and which meet the criteria as set out in the definition for affordable housing.

• Intermediate affordable housing is housing at prices and rents above those of Social Rent but below market price or rents, and which meet the criteria as set out in the definition for affordable housing.

More Definitions of Social Rent

Social Rent means a rent calculated in accordance with the formula for calculating social rents set out in the Rent Standard Guidance

Social Rent means, in respect of each property type, the rent shown in the following table (i.e. a rent which is equivalent to that charged for similar properties at Kingsmoor Park, Woking):- Rents may be increased, annually in April, in line with the annual percentage increase in the Consumer Price Index published in the preceding September, plus 1%.

Social Rent means social rented housing owned by the approved

Social Rent means a maximum weekly rent for a tenant who is granted a tenancy of the accommodation for the first time is formula rent calculated in accordance with the Government’s current Rent Standard guidance or equivalent thereof (exclusive of any service charges)

Social Rent means a rent calculated in accordance with the formula for calculating social rents set out in Legislation and (to the extent applicable) in the Rent Standard; SoS Year has the meaning attributed to it in limb (a) of the definition of Indicative Projects; Special Conditions means the conditions set out in Schedule 6; Start on Site means the Purchase Point has been achieved with respect to a Named Project; Start on Site Date means the date identified in OPS on which Start on Site is to have occurred (and does occur); Subcontractor means any subcontractor appointed by the Grant Recipient to undertake all or part of the Grant Recipient's obligations under this Agreement; Subsidy means any financial assistance granted by a public authority which confers an economic advantage on one or more economic actors which is specific insofar as it benefits, as a matter of law or fact, certain economic actors over others in relation to the production of certain goods or services and has, or could have, an effect on trade or investment between the United Kingdom and any part of the European Economic Area and/or any other country or countries which the United Kingdom has entered into trade agreement with which have provisions in respect of public sector funding and subsidy arrangements;

Social Rent means a rent set at no higher than formula rent (subject to the rent flexibility level) determined by the National Rent Regime Social Rent Dwelling means an Affordable Dwelling to be let in accordance with this Part E at a rent not exceeding the Social Rent

Social Rent. – means a rent between 50% and 60% of the local market rent including service charges.