Harrow’s Le Bon Court gets silver for ‘Best Starter Home Scheme’
19 November 2018
Network Homes celebrated success on Friday 16 November at the prestigious WhatHouse? Awards with a unique development in Harrow winning silver in the ‘Best Starter Home Scheme’ category.
Le Bon Court, which was built on a former hotel site in St John’s Road, impressed judges with its combination of “design and affordability”. The Network Homes development, which was completed in February, features 27 one to two bedroom apartments and was one of Mayor of London, Sadiq Khan’s first London Living Rent schemes (and the first in Harrow).
Rents are based on a third of average household incomes giving Londoners the chance to save for a deposit to buy a share in their home. This will eventually lead to full ownership. Twenty-three homes are for London Living Rent and were offered to Harrow residents on assured shorthold tenancies of up to 18 months, with the option to renew for a further three years. These rents are based on 60 per cent of medium Harrow market rents tenants allowed to earn no more than £60,000 a year to qualify. The remaining properties are at affordable rent.
WhatHouse? Awards judges said: “Well-located for local shops, amenities and transport links, this development has proven ideal for a wide range of tenants with the serious intent of buying their property within the next few years.”
We’re really pleased that this high quality development has been recognised as it offers stylish and genuinely affordable homes for local people in Harrow. London Living Rent is an innovative scheme to support people to rent, save and buy their own home. Altogether Network Homes is currently building over 1,800 new homes and we have 3,200 in the development pipeline for completion by 2022 (80% of these will be affordable homes)David Gooch, Network Homes Executive Director for Development