£1,204pcm

Prices from £1,204.23^ PCM for a 1-bedroom apartment with London Living Rent at Barking Riverside.

London Living Rent (LLR) is a Rent to Buy scheme funded by The Mayor of London.

This Government backed scheme enables you to rent a home at a discounted rate compared to renting privately. This helps you to save additional money each month, which can go towards buying a home through Shared Ownership**.

Income restrictions apply. Maximum income threshold is £67,000 per household^.

Please be aware strict eligibility criteria applies. Please only continue to apply if you meet ALL of the criteria below.

Eligibility Criteria:
* Live or currently work in London.
* Be able to provide one month's rent in advance and five weeks' rent as a tenancy deposit.
* Have the right to rent - proven by possession of British/EU/EEA Citizenship or a valid UK residency visa.
* Meet the minimum income and affordability standards - this will depend on the price of the home you are interested in.
*1-bedroom apartments priced from £1,204.23 PCM. The minimum income for a 1-bedroom apartment is £41,850 for a single application and £35,585 for a joint application^.
*2-bedroom apartments priced from £1,338.03 PCM. The minimum income for a 2-bedroom apartment is £47,195 for a single application and £40,935 for a joint application^.
* Have a formal tenancy (for example, in the private rented sector) or live in an informal arrangement with family or friends as a result of struggling with housing costs.

You must not:
* Be able to afford a similar home in the local area through Shared Ownership or on the open market
* Already own a property or be in the process of buying
* Have a household income that exceeds £67,000
* Have an adverse rental history, for example, rent arrears or damage to a property
* Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs).

Barking Riverside is a landmark development for London along the banks of the River Thames. A joint venture between L&Q and The Mayor of London, and is one of Europe's largest brownfield developments, covering an impressive 443 acres, alongside 2km of beautiful south-facing River Thames frontage. The master plan will deliver 10,800 new homes, the brand-new Barking Riverside Overground station, as well as commercial, retail and leisure facilities. New schools, parks and river walkways will all become home to an estimated 30,000 people at this former 1920s power station site.

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^Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments. The minimum income is based on a joint application and the minimum income for a single applications may be higher.

**Shared Ownership terms and conditions apply.