Frequently Asked Questions

If you can’t find the answer you are looking for please get in touch and we will do our best to help you.

LAR can operate across the whole of Scotland, but we are initially focusing on areas identified as having the greatest need for mid-market rented accommodation – Aberdeenshire, the Lothians, Fife and surrounding areas. This will be kept under constant review.
Rents will be capped at a mid-market level and depend on the size of the home and its location.
Yes – a deposit equivalent to one month’s rent will be payable and held in a recognised tenancy deposit scheme.
LAR’s overriding aim is to make sure that those most in need are given an opportunity to rent a home. LAR is looking to help people who are in work (or retired) on low to moderate incomes and who are spending a disproportionate amount of their monthly income on rent. To find out if you are eligible please contact us via info@larhousingtrust.co.uk
We will be focusing on 1, 2 and 3 bedroom homes and building/buying both flats and houses.
Our homes will be let under a Private Residential Tenancy Agreement.
LAR was launched in October 2015 and is now looking to work in partnership with building firms to make homes available. We are currently identifying new sites for development and have several developments in progress. All properties currently available are detailed on our Lettings Page and properties in the process of being built are detailed on our Coming Soon Page where you can find more information on how to apply.
Most of our homes are currently fully let. Please keep an eye on our Coming Soon and Lettings page for our forthcoming developments and properties.
It stands for Local Affordable Rent.
LAR is a charity and is registered with the regulator OSCR. It is governed by independent Trustees, who have wide experience across a range of relevant professional and business sectors.
LAR’s initial funding came from a 25 year loan of £55 million from the Scottish Government. In addition, in July 2017, LAR secured £65 million of private funding in a deal arranged by Bank of Scotland Commercial Real Estate through its partnership with Scottish Widows. This private finance will enable LAR to boost its portfolio of mid market properties across Scotland.
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