L&Q at Queen's Quarter: Affordable 1 Bedroom Apartments Through London Living Rent

L&Q at Queen's Quarter presents a stylish collection of 1 bedroom apartments, exclusively available through the London Living Rent (LLR) scheme. These apartments are an excellent opportunity for individuals currently renting and aspiring to own a home in the future.

Key Features of L&Q at Queen's Quarter:

• Private Outdoor Space: Each home features its own outdoor area, offering a personal retreat.
• High Specification Fittings: Apartments are fitted with brand-new, fully-integrated appliances, ensuring modern comfort and convenience.
• Adjacent to Queen's Gardens: The newly refurbished Queen's Gardens add to the charm and appeal of the location.

About London Living Rent (LLR):

• A Stepping Stone to Ownership: LLR is designed for those who wish to eventually move onto the property ladder through Shared Ownership or open market purchase but currently cannot afford to do so.
• Eligibility Criteria: Applicants must live or work in London, meet income and affordability standards, and have the right to rent in the UK.

Eligibility Requirements:

• Income Thresholds: The minimum income for a one-bedroom home is £36,030, with variations depending on individual circumstances.
• Formal Tenancy Requirement: Applicants should either have a formal tenancy or be in an informal living arrangement due to housing cost struggles.
• No Property Ownership: Applicants must not already own a property or be in the process of buying one.
• Income Cap: A household income that does not exceed £60,000.
• Clean Financial and Rental History: Applicants must not have adverse rental or financial histories, such as arrears, CCJs, or IVAs.
• Shared Ownership Future Eligibility: While renting under LLR, future eligibility for Shared Ownership will apply, and L&Q cannot guarantee meeting the affordability requirements for a Shared Ownership purchase.

L&Q at Queen's Quarter is ideal for those looking for a high-quality yet affordable rental option in London, with the added benefit of being part of a scheme that facilitates future home ownership.