London Living Rent at Barking Riverside
A selection of apartments available now in Barking, East LondonRent your new home at Barking Riverside
Barking Riverside is one of Europe's most exciting placemaking projects which has been designed with sustainability in mind. Benefitting from a unique location on the banks of the River Thames, the development is set on a site as large as London’s Hyde Park in an area once occupied by the iconic Barking Power Station. With over 10,000 homes and easy access to the City of London, Barking Riverside has become a vibrant neighbourhood set alongside the Riverside Thames with plenty of green spaces making it one of London's fastest-growing areas. Please note, initial priority will be given to households living in the Barking & Dagenham Borough.
- One bedroom apartments priced from £1,154.27 PCM* (minimum household income of £34,870 required for joint applicants and £39,850 for single applicants)
- Two bedroom apartments priced from £1,282.52 PCM* (minimum household income of £40,000 required for joint applicants and £44,980 for single applicants)
- Three bedroom apartments priced from £1,410.77 PCM* (minimum household income of £43,840 required for joint applicants and £50,100 for single applicants)
- Reach the City of London in just 22 minutes via the Barking Riverside Overground station*
- Reach central London from the Barking Riverside Pier via the Uber Boat by Thames Clippers
- Pet-friendly development (subject to approval)
- “Outstanding” rated schools within the community
- Please note our LLR homes do not come with parking
What is London Living Rent?
Funded by the Mayor of London, London Living Rent is a Government-backed scheme that enables you to rent a home at a discounted rate compared to renting a similar property privately. This helps you to save additional money each month, which can go towards buying a home through Shared Ownership.
This could be your new home
Wondering if London Living Rent is right for you?
Watch what one of our tenants has to say about renting with L&Q on the London Living Rent scheme.
Eligibility Criteria:
You must:
- 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. The minimum income is based on a joint application and the minimum income for a single application may be higher
- The minimum income required for a one bedroom home is – £34,870 for joint applicants and £39,850 for single applicants. Minimum income required for a two bedroom home is – £40,000 for joint applicants and £44,980 for single applicants. Minimum income required for a three bedroom home is – £43,840 for joint applicants and £50,100 for single applicants
- 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
You must not:
- Already own a property or be in the process of buying
- 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).
- Have exceeded your agreed overdraft amount or gone into overdraft without having an agreed overdraft in place
