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 annual income and affordability standards which are:
• 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 £67,000
• 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 annual income and affordability standards which are

1 bedroom - £45,890 per annum

2 bedroom - £51,390 per annum

3 bedroom - £57,010 per annum

• 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 £67,000
• 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)

Eligibility

Minimum gross annual income: £60,114.60

You must not be a homeowner (UK or abroad) or you will have proof that you have sold your current home before the start of the tenancy agreement.
Your total household income must not exceed £90,000.
You must live or work in London
You must meet the “Right to Rent” criteria. (visas must be valid at least until the renewal of the tenancy)
Each apartment will have a minimum income threshold determined by its’ rental value. As a rough guide monthly gross salary should be at least 3 times multiple of monthly rent or higher.
You must be employed on a permanent contract or able to demonstrate a temporary contract with at least six months’ remaining with the original contract being issued for at least twelve months with a reasonable prospect of a contract extension.

For self-employed ONLY:
you will need to be in self-employment at least 6 consecutive months
you will need to provide minimum of 3 months’ bank statements
you will need to provide an accountant reference proving your stated income
you will need to provide form SA302 (https://www.gov.uk/sa302-tax-calculation)

You must not exceed the maximum preferred number of people in household.
You must be able to pay one months’ rent in advance and one months rent as deposit.
You will have no history of rent arrears from a previous property or have breached the terms of a previous tenancy agreement.

Priority will be given to applicants currently living and/or working in London Borough of Harrow or current social tenants in the London Borough of Harrow.

You may be eligible for London Living Rent property if:

• You currently work or live in London.
• Priority will be given to applicants who live and/or work in the development host Borough.
• Your maximum household income is £67,000, and you don't have enough savings to purchase a home (including through shared ownership) in the local area on the open market.
• An Independent Financial Advisor may assess application to make sure you meet general mortgage criteria but you are currently unable to afford to buy a home.
• Your gross salary will exceed the minimum income requirement for the development.
• You earn enough to save for a deposit. We need to be sure that applicants have the potential to save for a deposit over the tenancy period. So we've set minimum household incomes that applicants need to be earning to apply for the scheme. The minimum household income is based on the Market Rent in the local area.

At The Mortimer development the requirement is:

• £57,715 for a 2-bedroom apartment as minimum household income
• You can provide one months' rent in advance and one months' rent as a security deposit, as well as the rent pro rata for the month during which you start tenancy
• You can demonstrate your ability to pay the rent and accumulate savings.
• The Mortimer apartment must be your primary residence and you do not own property either in the UK or abroad.
• You will have been employed on a permanent contract for at least 3 months.
• You are employed on a permanent contract or a temporary contract with 6 months remaining the original contract being issued for at least 12 months.
• You can supply 3 months payslips or, if self employed, you will be able to provide a full set of accounts for the previous tax year or SA302 form plus 6 months bank statements.
• You meet lenders general criteria to obtain mortgage funds.
• You have no history of rent arrears from previous property within the last 12 months or have not breached the terms of a tenancy agreement.
• You will not have any been subject to a County Court Judgement (CCJ) within the last 6 years or an Individual Voluntary Agreement (IVA).