Guide to Mid Market Rent

What is Mid Market Rent?

Mid market rent (or MMR) is an initiative from the Scottish Government to provide quality, affordable homes for low to moderate income households. MMR tenants are typically those who would not qualify for social housing but cannot afford to pay market rent or buy a property.

Who is MMR for?

MMR aims to help people who have difficulty accessing social rented housing, buying their own home, or renting privately.

Prospective tenants should usually have means to pay rent without claiming benefits and should be individuals or households on low/modest gross annual incomes.

Our first MMR properties are due to complete early 2022 and as income levels are updated and reviewed on a regular basis, we are unable to provide the exact qualifying income range that will be applied at this time but is likely to be around £18k - £42k per annum (this will be confirmed at a later date). However, it is suggested that a tenant should not be spending any more than 30% of their income on rent and therefore, the qualifying income range is likely to reflect this.

Any applicants with a gross annual household income in excess of the top range will be ineligible for MMR housing unless special circumstances apply. Further details will be provided alongside the qualifying income range.

What MMR homes are available?

Westscot Living, a subsidiary of West of Scotland Housing Association, will manage our planned mid market properties. Details of our planned upcoming developments are as follows:

table of MMR homes available

Would I have any priority?

If you meet the Income Criteria your application will then be assessed further by the agreed priority Criteria. Further details on any priority criteria will be sent to all interested applicants prior to completing the application form.

Will I have to pay rent a month in advance?

Yes, one monthly rent payment in advance will be required prior to taking entry. This means that you will be paying your first months rent before you move in.

Will I have to pay a deposit?

A deposit of one month’s rent will be required prior to taking entry. This is a security deposit and will be retained to meet the costs of any damage or dilapidation caused to the property by the tenant or for any unpaid rent after the property has been vacated.

The Housing (Scotland) Act 2006 made provision for the implementation of a Tenancy Deposit Scheme in Scotland and in March 2011. The Tenancy Deposit Schemes (Scotland) Regulations 2011 came into force which places a duty on landlords, who receive a deposit in connection with a tenancy, to protect this deposit with an independent third party. From 2 July 2012 landlords are required by law to protect this deposit by transferring the funds to the Approved Scheme.

How is my rent set?

The rent that will be set will be in line with the Local Housing Allowance (LHA). It is unknown at this point what the LHA level will be for any properties let beyond 1st April 2022. For illustrative purposes only, below is the LHA monthly rental charge for 2021/22.

Visual Example Of Mid Market Rents

Rents will be reviewed annually and, after the first year, other charges associated with the management and maintenance of the development may be charged. Tenants will be given 3 months’ notice of any changes to your rent and/or other charges.

What type of tenancy agreement will I have?

You will have a Private Residential Tenancy.

The Private Residential Tenancy (PRT) was introduced by the Scottish Government as the standard tenancy agreement for private residential tenancies created on or after 1st December 2017.

The purpose of the PRT is to improve security, stability and predictability for tenants and provide safeguards for landlords. PRT tenancies are open-ended, meaning no initial fixed-term.

The process for ending tenancies has been simplified; tenants are required to give 28 days’ notice regardless of how long they have been in the property.

Can I decorate?

All homes have been finished to a high standard. It is your responsibility to maintain the décor to the standard that it is let to you.

You will not be allowed to paint and/or wallpaper the walls or change the flooring. You can accessorise the flats by putting pictures on the walls, hang your own curtains etc.

Is the home furnished?

The homes are let as unfurnished; they have been fitted with white goods including a tall fridge freezer, a washing machine, a cooker and shower. A good quality vinyl will be provided in hall, kitchen and kitchen/living if open plan and bathroom. All bedrooms will be fitted with carpets and all windows will have been fitted will blinds.

Will my belongings be insured?

Only the items provided by Westscot Living will be insured. It is your responsibility to protect your belongings and therefore we would strongly recommend that you insure your belongings.

Who is responsible for maintaining the property?

Westscot Living, as landlord of your property, is responsible for the ongoing maintenance. Full details of our and your repairs responsibilities will be issued to you as part of the allocation process..

Will I be allowed to keep a pet?

You must apply for permission to keep a pet. It is likely that an additional deposit will be charge for prospective tenants who have pets. This is common practice in the private rented sector.

Can I view the home before signing my tenancy agreement?

You will be invited to a viewing once your application has been fully assessed and an offer letter has been issued. This will give you the chance to view your home before signing any agreement.

How do I apply?

At the moment we are registering interested applicants. Please complete this registration form to send us your details, and we will be in touch in the coming months.

Once we have set out our qualifying criteria and income thresholds, we will contact interested applicants to complete an application form. Your application will be assessed based on the following factors:

  • Your household size compared to the size of the property
  • Your current accommodation status and suitability
  • Your Income and Outgoings – assess your ability to sustain a tenancy financially. (A copy of a P60 and/or three months wage slips (13 weeks if weekly paid), copies of three months bank statements/utility bills (this saved having to carry out credit checks)
  • Your References – we require a satisfactory reference from your current landlord and/or current or confirmed new employer

Artist impression of new homes at Dalmarnock