Social Rented definition

Social Rented means homes (often owned and managed by local authorities and registered social landlords) for which target rents are determined through the national rent regime, and which are substantially lower than open market rents.

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Social Rented means affordable housing let on assured tenancies where the cost to the occupier is equivalent to the cost of RSL accommodation of similar size and quality within the Royal Borough of Kingston upon Thames

Social Rented means affordable housing where the cost to the occupier is equivalent to the cost of RSL accommodation of similar size and quality within the Royal Borough of Kingston upon Thames which should not exceed the Housing Corporation targets set for social rented accommodation

Examples of Social Rented in a sentence

• The Partner shall lease the Replacement Social Rented Homes and the Replacement Shared Equity Homes to the Council with full title guarantee on the terms of Clauses 19, 21 and this Clause 57.

• The owner hereby covenants with the Council that that no development on the Property shall commence until the Owners have submitted to and obtained the written approval from the Council of the details of the proposed tenure mix between the Intermediate Housing Units and Social Rented Housing Units.

• Whilst the proposed changes would result in a mix which is clearly not in line with the Council’s aspiration to deliver a split of 60/40 between Social Rented and Intermediate products, there is clear additionality in the amount of affordable housing that would be provided on site.

• Subject to receiving the Council's written approval, the Owners may thereafter dispose of such Shared Ownership Housing, Social Rented Housing or Affordable Rented Housing in accordance with the agreed tenure combination which may include any type of Intermediate Housing subject to the provisions of this Schedule.

• Any Affordable Rented Housing shall only be let at rents of up to 80% of market rent and, should any such tenures be provided following a viability review, any Social Rented Housing shall only be let at a Target Rent.

• Any Affordable Rented Housing shall only be let at an Affordable Rent and, should any such tenures be provided following a viability review, any Social Rented Housing shall only be let at a Social Rent.

• A = Average Open Market Housing Value (£ per m²) B = Average Low Cost Rent Housing Value (£ per m²) C = Average Intermediate Housing Value (£ per m²) (A – B) represents the difference in average value of market housing per m² and average value of Social Rented Housing and London Affordable Rented Housing per m² (£).

• Special circumstances exist for those renting in the Social Rented Sector.

• Not to permit or otherwise allow any of the Social Rented Dwellings to be let other than: 61 Paragraph 7 applies to policy 9 sites only.

• It could also allow the release of Social Rented family housing by allowing older single people or couples who no longer require family houses to downsize.

More Definitions of Social Rented

Social Rented means rented housing owned and managed by Registered Provider/Housing Provider for which guideline Market Rents are determined through the national rent regime. It may also include rented housing owned or managed by other persons and provided under equivalent rental arrangements and upon the approved Financial Terms to the above or as agreed with the local authority or with the Homes and Communities Agency as a condition of public subsidy and providing that in assessing the level of such rents there shall be disregarded any service charges or payments to be made for the Independent Living Housing services to be supplied to the Household;

Social Rented. Enter No. Units Size Delivery Timescale: 102 weeks from site start date. 71 affordable units expected to be handed over to social housing provider by February 2019. Comments[Additional requirements]: Affordable Housing for Sale – Discounted Sale: Enter No. Units Type/: 0 Mid Market Rented: Enter No. Units Delivery Timescale: Click here to enter text. Comments[Additional requirements]:

Social Rented. 8 units Plot No’s: Plot 16 - Plot 21 and Plot 38 - Plot 42. Delivery Timescale: All units to be completed and handed over to Angus Housing Association within the authority’s financial year 2026/2027 Comments / Additional requirements:

Social Rented means those properties required by Schedule 1 Paragraph 5.1 and let at a rent below the Affordable Rent and determined in accordance with the Target Rents