Affordable Rent tenancies
Any new home built by Curo under the Affordable Homes Programme will have rents set at 80% of market rent and let on an 'Affordable Rent' tenancy. A proportion of existing Curo homes that become vacant each year are also let in this way.
All Curo's Affordable Rent tenancies are let as ‘assured’ lifetime tenancies. Assured tenancies have no end date, so are sometimes known as lifetime tenancies. Our Affordable Rent tenancies include a 12-month starter period. During this period, the tenancy is a Starter Tenancy - a type of Assured Shorthold Tenancy. Most tenants will move on to an Assured Tenancy at the end of this starter period.