‘Keyworkers’ Could Pay Discount Rent

Discount rent for public sector workers, carers and victims of domestic abuse is being mooted by Southwark Council in an effort to tackle the on-going housing crisis. As part of its commitment towards 35 per cent affordable housing, the council is suggesting a possible ‘intermediate’ and ‘keyworker’ housing scheme. Intermediate rent is discounted at around half  private market rent for people on incomes below £60,000, while people earning between £60,000 and £90,000 are eligible for a discount of at least 20 per cent. It says developers who build for private rent are allowed to meet this figure using discount market rent. Read more on the Southwark News website.

https://www.southwarknews.co.uk/news/keyworkers-could-pay-discount-rent-in-southwark-housing-shake-up/