£1,115pcm
A one bedroom apartment available to rent in Park Royal through L&Q's London Living Rent Scheme. Available from £1,115.18 PCM.
London Living Rent (LLR) is designed for people who are currently renting and want to get onto the property ladder but can't afford to do so yet - either through Shared Ownership or on the open market.
London Living Rent eligibility criteria applies. If you would like to rent a London Living Rent home from us, you must:
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 - the minimum income for this home is £32,030 based on a joint application and £38,290 based on a single 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 application 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
Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs).
Speak to our Lettings Associates to find out more and book your viewing today.
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