Prime Point London Living Rent homes

Please be advised that local prioritisation criteria apply. Initial priority will be granted to applicants who live or work in the Royal Borough of Greenwich. These criteria may be subject to change, so we encourage applicants to regularly check for updates or speak to a member of the team for the latest information.

  • Studio apartments priced at £1,400 PCM (minimum household income of £44,000 required)
  • One bedroom apartments priced at £1,480 PCM (minimum household income of £47,000 required)
  • Two bedroom apartments priced at £1,530 PCM (minimum household income of £49,000 required)
  • Three bedroom apartments priced at £1,563 PCM (minimum household income of £50,000 required)
  • Private outdoor space to every home
  • Brand-new appliances included
London Living Rent customer

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. 

Read our complete guide to London Living Rent

To be eligible for a London Living Rent home at Prime Point:

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 studio apartment is £49,000, £53,000 for a one bedroom apartment, £55,000 for a two bedroom apartment and £57,000 for a three bedroom apartment based on a single application
  • The minimum income for a studio apartment is £44,000, £47,000 for a one bedroom apartment, £49,000 for a two bedroom apartment and £50,000 for a three 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)