North London

Shared Ownership & London Living Rent in North London

North London new builds combine the modern lifestyle of living and working in London with the demand for access to nature. L&Q homes perfectly blend the city and the countryside, making our homes ideal for both professionals and families.

For many first-time buyers, deciding on the location of their new home can be just as daunting as finding the perfect home. An affordable way to buy a home is through Shared Ownership. Buying Shared Ownership homes in North London introduces an area bursting with cultural and historical landmarks to enjoy.

We also offer London Living Rent, a government initiative funded by the Mayor of London that enables you to increase your savings by renting at a discounted rate than you would expect to pay for a similar property on the open market.

With amazing transport links into Zone 2, you’ll always be in close proximity to London’s famous sights. Hop on the tube to visit your favourite restaurants and shop in one of many local high streets at the weekends.

Shared Ownership Developments in North London

L&Q lists thousands of homes nationwide. Explore a selection of properties in North London, including those available through Shared Ownership. Continue your search here & register your interest in properties in North London with L&Q.

L&Q at Alexandra Gate, Harringay

A collection of studios, 1-, 2- & 3-bedroom Shared Ownership homes just a short walk from Alexandra Palace, in the heart of North London.

Located in a beautifully designed 12-acre city village, perfectly placed between Alexandra Palace, Turnpike Lane, Hornsey and Wood Green. Landscaped gardens feature throughout the development, at the centre lies a one-acre park, complete with children’s play area and tranquil water feature. Benefit from fantastic connections across the capital and beyond with four key Zone 3 stations on your doorstep. You’ll be spoilt for choice with things to see and do living at Alexandra Gate. A short walk are the shops, bars, cafés and restaurants of Wood Green. Crouch End and Muswell Hill are just a mile away, offering a different vibe with independent and boho-chic shops, coffee shops and restaurants, antique fairs, parklands and old-fashioned pubs to explore.

L&Q at Brent Cross Town, Barnet

Positioned in the London Borough of Barnet, North London, L&Q at Brent Cross Town is set to become part of one of the biggest regeneration projects in Europe providing over 7,000 homes in Brent Cross, with a stunning collection of Shared Ownership & London Living Rent homes.

Residents can expect easy access into the city plus brilliant connections to the North and beyond with the opening of brand-new Brent Cross Thameslink station. The development area comes with it an abundance of exceptional nearby shops, fine dining restaurants, local parks for leisure activities.

Read more about Shared Ownership and how it works with our helpful guides, including a guide on the Shared Ownership buying process and understanding the Shared Ownership eligibility criteria.

Affordable Shared Ownership

If you’re interested in first time buyer homes, affordable housing schemes or affordable rental options, learn more on L&Q.

Learn more about Shared Ownership.

London Living Rent Developments in North London

L&Q at Porta Rise, Harrow

A brand-new collection of 1-, 2- & 3-bedroom homes available with London Living Rent.

Portra Rise is located in the heart of Harrow, just a 10-minute walk away from Harrow and Wealdstone station and the town centre, offering excellent connections to London Euston. The development blends modern living in a historically significant location, as the site was once home to the Kodak Alaris factory. With a combination of history, connectivity, and modern amenities, Portra Rise is set to redefine urban living in Harrow.

L&Q at Rookery Grove, Hendon

A collection of studios, 1-, 2- & 3-bedroom apartments available to rent in Hendon. Homes are available to rent with London Living Rent.

Welcome to Rookery Grove, a collection of characterful, spacious studios, 1-, 2- & 3-bedroom homes in Hendon, Northwest London. Homes are built with generous extra storage and outdoor space in every home. These homes are rooted in an established area with a rich history and positioned with advantageous transport links.

FAQs

What is Shared Ownership & Who is Eligible?

Shared Ownership is a government-backed scheme that helps people get onto the property ladder by allowing you to buy a share in a home, typically between 25% and 75% of the property's value. You then pay rent on the remaining share, which is owned by a housing association like L&Q. Over time, you can increase your share through a process called "staircasing" until you own the property outright.

Am I eligible for Shared Ownership?

To buy a home through Shared Ownership you will need to meet the following requirements to be eligible:

• Have a combined annual household income under £80,000, or £90,000 in London.
• Not own a property or part of a property.
• Be over 18 years old.

Read a full list of the Shared Ownership eligibility criteria or complete our Shared Ownership Application form.

Can I Sell My Shared Ownership Home?

Yes, you can sell your home at any time. Under the terms of your lease, we have eight weeks to find a buyer for your home so your property can remain as a Shared Ownership property. You can then instruct an estate agent on the open market.

How do I apply for Shared Ownership with L&Q?

To apply for a Shared Ownership property, simply register your interest on our website. Once you’ve registered, you’ll be notified when properties in your preferred area become available. If you meet the eligibility criteria, you can then apply directly for the property you’re interested in. Our team will guide you through each step of the process.

Apply for Shared Ownership with L&Q today!

What is London Living Rent?

Funded by the Mayor of London, LLR is a Government-backed scheme that enables you to increase your savings by renting at a discounted rate than you would expect to pay for a similar property on the open market. This helps you to save additional money each month, which can go towards buying a home through Shared Ownership. The main benefit to renting an LLR home is that you can go on to purchase your home, saving at your own pace. Plus, all properties that are on the LLR scheme guarantee tenants of an assured shorthold tenancy of a minimum of three years and a maximum of ten.

Who is Eligible for London Living Rent with L&Q?

To be eligible for LLR with L&Q, you must meet the following criteria:

• Live or currently work in London.
• Be able to provide one month’s rent in advance and five weeks’ rent as a tenancy deposit.
• Have the right to rent – proven by possession of British/EU/EEA Citizenship or a valid UK residency visa.
• Meet the minimum income and affordability standards – this will depend on the price of the home you are interested in.
• Minimum income requirements should be used as a guide and can vary depending on a household’s circumstances and financial commitments.
• 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.
• Shared Ownership eligibility criteria will apply on your London Living Rent home, L&Q cannot guarantee you will meet future affordability requirements should you wish to buy a Shared Ownership home.

London Living Rent (LLR) candidates must not:

• Already own a property or be in the process of buying.
• Be able to afford a similar home through Shared Ownership or on the open market.
• Have a household income that exceeds £67,000.
• Have an adverse rental history, for example, rent arrears or damage to a property.
• Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs).

Learn more about London Living Rent.