We provide homes to rent and to buy across Hertfordshire, Bedfordshire, Buckinghamshire and Oxfordshire.
Our business is built around the importance of a home as the foundation that enables individuals and families to build and sustain the lives they want. We cater for all budgets by providing homes at multiple price points and tenures to suit your needs.
Definitions of tenure types:
- Social housing refers to all homes available through the Housing Register (both social and affordable rent).
- Social rent is based on a government formula equating to approximately 50% of local market rent. At Thrive Homes, social rent is on average 40% of the market value.
- Affordable rent is the usual rent for newly developed homes, set at up to 80% of the local market rent. Thrive Homes cap this at Local Housing Allowance rate which is less than 80%.
- Intermediate rent comprises of homes for rent at a cost above social rent but below the market level.
- Market rent is the average in an area (by property type) that someone would pay if renting a property from a private landlord.
- Shared ownership is where the occupier of the home buys a percentage of the property and pays rent on the rest (typically to a local authority or housing association). These homes are for those that meet the national qualifying criteria of income less than £80,000 per annum.
Creating quality homes where people enjoy living.