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    Estate agents in IG11 0RU

    1 agents found

    L&Q, Barking Riverside

      Tel020 8264 1737
    LETTINGS

    Home available with the London Living Rent Scheme. This is a RENT TO BUY scheme.

    London Living Rent (LLR) is a 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

    Maximum income threshold £67,000 per household.

    For more information visit lqhomes.com/renting-with-lq/london-living-rent/

    Eligibility criteria applies. Please only apply if you meet all of the criteria.

    Eligibility Criteria:

    * Initial priority will be given to households living in the Barking & Dagenham Borough

    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.

    *The minimum income for a one bedroom apartment is £41,850 for a single application and £35,585 for a joint application.

    *The minimum income for a two bedroom apartment is £47,195 for a single application and £40,935 for a joint application.

    *The minimum income for a three bedroom apartment is £52,940 for a single application and £46,280 for a joint application.

    * 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

    * 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

    * Shared Ownership eligibility criteria will apply on your London Living Rent home, L&Q cannot guarantee you will meet future affordability requirements should you wish to buy a shared ownership home

    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

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