London Living Rent
Rent, Save and Buy with London Living Rent
Do you 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 SNG 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.
- Find a London Living Rent home that suits you and your needs
- Rent your home at a discount
- Save the discount for your deposit
- Buy shares in your home through Shared Ownership*
*With the exception of Amory Tower where you're unable to buy shares your home. In this case you will be able to buy a share in another property.
Discounted rental contracts can be renewed, if needed, for up to 10 years after the launch of each scheme; during which time, you will be able to gradually build up your deposit.
When you're ready, you have the option to buy the home you've been renting (or another eligible SNG property) on a Shared Ownership basis. ‘When’ you buy is flexible. SNG will support you to save during your rental stay, so you can buy at your own pace.
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.
- You must demonstrate the ability to save towards a purchase deposit.
- You must meet lenders general criteria to obtain mortgage finance.
- Be unable to currently buy a home (including through Shared Ownership) in your local area.
Eligibility can vary with each scheme.
Hamid Sahil was originally a SmartRent resident who now lives with his family in Park Royal. He talks about how London Living Rent is a great opportunity to save towards making the first steps to home ownership.
Walter Imunah moved to Rectory Park, Northolt in December 2021. In this video he describes how London Living Rent is helping him save towards buying his home.
Why rent, save and buy with SNG?
SNG has been dedicated to providing quality homes in the London area since 1974. We ensure our homes are designed for contemporary lifestyles meeting all your home comfort needs. So when you move in, you can rest assured that we know what we are doing.
Frequently asked Questions
If you're interested in applying then check out out our Frequently asked Questions by clicking on the below link.
How to apply
Visit our homes to rent page to view the London Living Rent properties available.
London Living Rent properties
We don't have any London Living Rent properties available at this time. Please return to this page or click on the following link to look for other properties that might suit you.
Other homes that may be right for you