·         Minimum income requirement that the annual rent does not exceed 35% of household gross annual income.

·         Unable to purchase a home on the open market within reasonable traveling distance of workplace.

·         Pass affordability and previous landlord checks.

·         Be a British citizen, or have indefinite leave to remain in the UK and meet the criteria set out under the Right to Rent checks.

·         Able to pay two months’ rent in advance.

·        

- You must be at least 18 years old
- Annual household income must be less than £90,000 and a minimum of £53,623 per annum
- You should not already own a home.
- You should not be able to afford to buy a home suitable for your housing needs on the open market.
- You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements

- Pass affordability and previous landlord checks

- Be a British citizen, or have indefinite leave to remain in the UK and meet the criteria set out under the Right to Rent checks.

- Able to pay two months' rent in advance

Your annual household income can be no more than £90,000.
You should be unable to purchase a home suitable for your needs without assistance.
You cannot be a current home owner (or be named on the deeds of another property).
You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).

This property is for a family, not for individuals to share.

Gross Household Income should not exceed £60,000 for Studio apartments and require a minimum affordability of £42,000 per annum.

• Public Sector Tenants releasing accommodation to which the council has nomination rights.
• Leaseholders in a block being decanted in anticipation of demolition who have the right the be
  re-housed by the council.
• People registered on the Council’s Common Housing Register or Waiting List.
• Other Council residents who may not release Council accommodation when they move.
• Other living in Tower Hamlets rented accommodation or living with family or friends who do
  not appear on the Housing Register.
• People with strong connections by family ties within the borough.
• People who have permanent employment in the borough.

Minimum Household Income £68,400 Per Annum

Maximum Household Income £80,000 Per Annum

Suitable for one single family household

WE KINDLY REQUEST YOU DO NOT CONTACT US ABOUT THESE PROPERTIES IF YOU DO NOT MEET THE CRITERIA BELOW.

*** Check to see if you meet the requirements to rent this unit ***

To qualify for any of these DMR units, you must be able to check off at least one of the criteria's set out by the council's priorities below (in order of priority) to make sure guidelines are met.

1.    Public sector tenants (being those tenants living in accommodation in Newham owned by the Council or a Registered Provider as registered pursuant to chapter 3 of part 2 of the Housing and Regeneration Act 2008) and wholly releasing accommodation to which the Council has nomination rights

2.    People with experience of Care (Care Leavers)

3.    Households currently living in Temporary Accommodation

4.    Leaseholders in blocks being decanted in anticipation of demolition who have a right to be re-housed by the Council;

5.    People registered on the Council's Housing Register or waiting list

6.    Other Council residents who may not release Council accommodation when they move

7.    Others living in Newham in rented accommodation or living with family or friends who do not appear on the Council's Housing Register

8.    People with strong connections by family ties within the Borough

9.    People who have permanent employment in the Borough 

ALL PROSPECTIVE RESIDENTS MUST COMPLETE A DECLARATION TO CONFIRM THEY QUALIFY UNDER THE CRITERIA SET OUT BY NEWHAM COUNCIL BELOW. ALL DECLARATIONS ARE SENT TO AND AUDITED BY NEWHAM COUNCIL.

• Your annual household income can be no more than £90,000.
• You should be unable to purchase a home suitable for your needs without assistance.
• You cannot be a current home owner (or be named on the deeds of another property).
• You must not have any outstanding credit issues (i.e. unsatisfied defaults or county court judgments).

• Eligibility criteria

  · Your minimum income is no less than £39344.40

  · Your gross household income is no more than £71,000 per annum

  · You are a British or EE/EEA citizen or have indefinite leave to remain in the UK

  · You’re unable to purchase a suitable home to meet your housing needs on the open market within a reasonable travelling distance of your workplace

  · You are in permanent employment or are able to demonstrate you can afford the intermediate rent

  · You have a good credit history (this will be checked using Experian in the event of any application).

  Priority groups:

  1. Residents of the local borough

  2. People who work within the borough

  3. Those with a housing need, including poor living conditions, split families, medical reasons, harassment or issues of overcrowding

  4. Housing association and council tenants who would vacate a rented home

  5. Serving military personnel

  6. Applicants registered on a local authority or registered provider waiting list.

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 £46,835

· 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 £60,000

· Have an adverse rental history, for example, rent arrears or damage to a property

· Have a history of bankruptcy, county court judgements (CCJs) or Individual Voluntary Agreements (IVAs)

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 £41,525

· 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 £60,000

· Have an adverse rental history, for example, rent arrears or damage to a property

· Have a history of bankruptcy, county court judgements (CCJs) or Individual Voluntary Agreements (IVAs)