£1,516pcm

Discover Barking Riverside, an exciting new neighbourhood for East London, located on the banks of the River Thames in the London Borough of Barking & Dagenham. Barking Riverside is a place to put down roots and be part of an evolving community. L&Q offer a collection of new-build apartments available through London Living Rent. Homes feature open plan living areas, integrated appliances, master bedrooms with fitted wardrobes and a private balcony or terrace. All apartments are ready to move into.https://lqhomes.com/barkingriverside/eligibility-criteria/Eligibility and income criteria apply.

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 £75,000 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^.

3-bedroom apartments priced from £1,516.00 PCM. The minimum income for a 3-bedroom apartment is £51,499 for a single application and £46,372 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 £75,000
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).

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*Incentive terms and conditions apply. For more information please visit lqhomes.com/terms-and-conditions

^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.