PLEASE NOTE THIS IS A RENTAL PROPERTY ONLY

You may be eligible for this property if:

*You have a gross household income of min £27000 per annum when eligible to purchase or rent a one or two bedroom home or no more than £71,000 per annum when eligible to purchase or rent a family sized home (three or more bedrooms).
*You are unable to purchase a suitable home to meet your housing needs on the open market.
*You do not already own a home or you will have sold your current home before you purchase or rent.

Due to high levels of interest in all Intermediate Market Rent properties that we receive, it is not possible to contact all inquiries. We will be in contact with you should you be successful in securing a viewing.

What is London Living Rent?
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. LLR allows you to rent a home at a discounted rate, compared to a similar property on the open market. LLR helps making saving towards purchasing a home more achievable.

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 £55,000 (Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments)

· 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)

All pricing seen is indicative of the "starting from" price at the development and is correct at the time of publishing. Please contact the team for up to date pricing.

- You must be at least 18 years old
- Annual household income must be less than £90,000 and a minimum of £57,463 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

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.

- You must be at least 18 years old
- Annual household income must be less than £90,000 and meet a minimum of £36,000 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 show you are not in rent arrears
- You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements)

• Aged 18 or over;
• Does not currently own a property in the UK or abroad;
• Minimum Household income of £35,000 per year and less than £70,000 per year
• Employed on a permanent contract or self-employed and earning enough to pay the rent and related costs for the property;
• UK Resident or have Indefinite Leave to Remain;
• Unable to afford a suitable home through one of the low-cost home-ownership schemes or on the open market;
• Can afford 80% of the local market rent without further assistance e.g. Housing Benefit or Universal Credit or any other Welfare Benefit;
• Willing to make a commitment to enter home ownership through low cost home ownership products in the short to medium term (within five years);
• Can demonstrate how the discounted rent will enable you to save towards a deposit;
• Where applicable, have paid rent on time for the last twelve months;
• Good credit history with no record of County Court Judgments or registered credit defaults;

• 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).
• You have an income greater than £ 30453.60

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.

To qualify for this scheme you must:

• Currently live or work in the Borough of Ealing.
• Be able to provide one month's rent in advance and one month's rent as a tenancy deposit.
• Unable to afford a similar home in the local area through Shared Ownership or on the open market.
• Have the right to rent, proven by possessing British/EU/EEA citizenship or a valid UK residency visa.

You must not:

• Already own a property in the UK or overseas, or are in the process of buying a property.
• Have a household income that exceeds £60,000.
• Have adverse rental history, for example, rent arrears or damage to a property
• Have a history of bankruptcy, county court judgements (CCIs) or IndividualVoluntary Agreements (IVAs)

To qualify for this scheme you must:

• Currently live or work in the Borough of Ealing.
• Be able to provide one month's rent in advance and one month's rent as a tenancy deposit.
• Unable to afford a similar home in the local area through Shared Ownership or on the open market.
• Have the right to rent, proven by possessing British/EU/EEA citizenship or a valid UK residency visa.

You must not:

• Already own a property in the UK or overseas, or are in the process of buying a property.
• Have a household income that exceeds £60,000.
• Have adverse rental history, for example, rent arrears or damage to a property
• Have a history of bankruptcy, county court judgements (CCIs) or IndividualVoluntary Agreements (IVAs)

Intermediate Rent: Eligibility

To be eligible for Intermediate Rent, you must meet certain criteria:

• Your total household income must be less than £90,000 if in London, or less than £80,000 outside of London.
• You must be unable to afford to buy a suitable property on the open market.
• You must not already own another home.
• You must be able to afford 80% of the local market rent without assistance.
• For some developments, there may be additional criteria such as priority given to those who currently live or work in the local area