Coastal is a charitable housing association (also known as a social landlord or a community landlord) providing 6,000 homes in Swansea, Neath Port Talbot, Carmarthenshire, and Bridgend. We have been providing homes at low rents to local people in and around the Swansea area since the 1970s.
Most of the homes we provide and manage are let at what is known as a ‘social rent,’ which means they are determined within a formula set by Welsh Government and are less than what you would expect to pay a private landlord for a similar property in the local market. A much smaller number of homes are let as what is known as ‘intermediate rents,’ which means the rents are between a social rent and market rent. We don’t have any properties that are let at a market rent. .
We also build new homes, funded by a mix of government grants and private finance from banks and other funders.
