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London Living Rent at Excalibur
2 bedroom apartments to rent in Catford available with London Living Rent.Rent your new home in Catford at Excalibur
Introducing Excalibur, your next rental home in the heart of Catford, South East London. 2 bedroom homes available to rent through the London Living Rent scheme. Start your application today to secure your journey towards homeownership.
- Two bedroom apartments £1,138.82 PCM (minimum household income of £32,975required)
- Private outdoor space to every home
- Parking available
- Brand-new appliances included
What is London Living Rent?
Funded by the Mayor of London, London Living Rent 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.
To be eligible for a London Living Rent home at Excalibur:
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
- The minimum income for a one bedroom apartment is £34,685 and £39,235 for a two bedroom apartment based on a single application
- The minimum income for a one bedroom apartment is £28,460 and £32,975 for a two bedroom apartment based on a joint application
- Minimum income requirements should be used as a guide and can vary depending on a household’s circumstances and financial commitments. On joint applications, please note both applicants must be in employment
- 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