Barking Riverside

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.

Eligibility Criteria:

• Initial priority will be given to households living in the Barking & Dagenham Borough. 
• 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
• The minimum income for a one bedroom home is £34,870, £40,000 for a two bedroom home and £44,700 for a three bedroom home
• 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.
• 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 £60,000
• 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).

Barking Riverside 

A landmark development for London along the banks of the River Thames. Barking Riverside is a joint venture between L&Q and The Mayor of London, and is one of Europe's largest brownfield developments, covering an impressive 443 acres, alongside 2km of beautiful south-facing River Thames frontage. The master plan will deliver 10,800 new homes, the brand-new Barking Riverside Overground station, as well as commercial, retail and leisure facilities. This pioneering project will incorporate Envac, one of Europe's largest automated waste disposal systems. New schools, parks and river walkways will all become home to an estimated 30,000 people at this former 1920s power station site. A collection of London Living Rent homes are available at this award-winning development. Offering a variety of layouts and styles, each home will bring together a perfect blend of comfort, architecture and design.

Key features

• Characterful 1, 2 & 3 bedroom London Living Rent homes 
• Commute to the City of London in just 22 minutes via Barking Riverside Overground station
• Easy access to central London from Barking Riverside Pier via the Uber Boat by Thames Clippers 
• Set alongside 2km of stunning Thames River frontage
• Riverside Campus School located nearby with awarded "Outstanding" rating
• Shops and cafes within walking distance
• Automated waste disposal system Envac
• Pet-friendly development (subject to approval)
   

Register your interest today 

This is an indication of how much these apartments might cost.

For more detailed information please register your interest in this property.