London Living Rent
Rent, Save and Buy with London Living Rent
Do want to buy a home of your own but are unable to save a deposit because you are renting elsewhere? A London Living Rent home with Network Homes could be the answer.
What is London Living Rent?
London Living Rent offers affordable homes for private rent for middle income earners on assured shorthold tenancies of up to three years.
You have the option to buy your home on a shared ownership basis up to ten years after the launch of each scheme. Network Homes will support you to save during your stay.
- Rent - your home at a discount
- Save - the discount for your deposit
- Buy - shares in your home.*
*With the exception of Amory Tower where you're unable to buy your home. In this case you will be able to buy a share in another property.
Is London Living Rent for me?
To be eligible for a London Living Rent home, you must:
- Be renting in London
- Have a maximum household income of £60,000
- Be unable to currently buy a home (including through shared ownership) in your local area.
Eligibility can very with each scheme.
I don't think I qualify?
Don't worry we may have other options for you.
Case study - Kamila Pakulska
Kamila and family moved into Le Bon Court in Harrow in March 2018 after previously living a in a cramped one bedroom property in Rayners Lane. In that time, they were able to save for a deposit and buy their first 25% share in September 2019.
She says: "We’d been living in rented accommodation for the last 10 years and thought this would be a great opportunity for us to finally own our own place.”
“When my husband got a better position at work, we started to think about moving out of the private rented sector and getting a foot on the property ladder. We thought we would be able to afford a shared ownership property when before our only option was to rent.”
“We have lived in London for 10 years and knew we wanted to stay in Harrow as all our friends are here, it’s where our children go to school and it’s an easy commute to where we work. My husband was looking online when he discovered Le Bon Court by Network Homes and we expressed our interest straight away.”
“I think it’s a really good scheme for those who want to work hard, who have jobs and want to change their lives and be able to afford their own place.”
"My children are happy and excited to be living here. It feels like our forever home."
Why rent, save and buy with Network Homes?
Network Homes is an award winning housing association who take great pride in the quality of the homes we deliver. We’ve been dedicated to providing homes for over 45 years so when you move into a Network home, you’ll see that we know what we’re doing.
How to apply
Visit our homes to rent page to view the London Living Rent properties available.
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