*LONDON LIVING RENT SCHEME - TERMS APPLY* A beautiful property located on Burlington Road in Albany Apartments, within the sought-after area of New Malden. This delightful flat boasts a cosy reception room with access to a private balcony, perfect for relaxing or entertaining guest. With two bedrooms and two bathrooms, there is ample space for tenants.
Situated on the first floor, this property offers convenience and accessibility. The communal roof terrace provides a lovely outdoor space to enjoy some fresh air and take in the views of the surrounding area.
Part of the London Living Rent Scheme, this flat offers an affordable housing option in a desirable location. Close proximity to Raynes Park and Motspur Park Station ensures easy access to transportation links for commuting or exploring the city.
ELIGIBILITY
To be eligible for a London Living Rent home, you must:
• live or work in London
• either 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
• have a maximum household income of £60,000
• not own any other residential home
• be unable to currently buy a home (including through shared ownership) in your local area.
London Living Rent is a type of intermediate affordable housing for middle-income Londoners who want to build up savings to buy a home. London Living Rent provides high quality rented homes on stable tenancies, with rents based on a third of local household incomes. Money you save on rent can go towards a deposit for your own home.
London Living Rent is one of the types of ‘genuinely affordable’ homes funded by the Mayor. The others are Social Rent and ‘London Affordable Rent’, for households on low incomes, and ‘London Shared Ownership’. London Living Rent is designed to help people transition from renting to shared ownership.
London Living Rent homes are for middle-income households who want to build up savings to buy a home through shared ownership. Landlords are expected to actively support their tenants into home ownership, so that homes are sold within ten years.
London Living Rent homes will be offered on tenancies of a minimum of three years. By offering a below-market rent, tenants are supported to save and given the option to buy their home on a shared ownership basis during their tenancy.
Once you've found the property you want to rent, you'll need to complete our online offer form, which will ask you details about all tenants and your proposed offer. You will be required to pay a holding deposit in order for us to discuss your offer to the landlord. You can make an offer and read through the terms and conditions by clicking on the button below.
If your offer is accepted, we carry out reference checks through our partner, Goodlord. To view information relating to the referencing criteria, they've created a useful guide for tenants, which you can view by clicking the button below.
Goodlord Tenant referencing checklist
For further information and for FAQ, please click the link below
Our helpful team are on hand to answer any queries and concerns you may have.
