Shared Ownership & London Living Rent in East London

Barking & Royal Wharf

Our homes in East London offer vibrant living spaces with excellent connectivity to the heart of the capital. Designed with your comfort in mind, our range of properties offers the perfect balance of urban living and modern convenience. Whether you’re interested in Shared Ownership or London Living Rent, L&Q properties give you easy access to both the wider city and a range of local amenities. Enjoy nearby shops, cafes, restaurants, bars and excellent transport links that connect you to the best of London.

East London offers an exciting, ever-changing scene – from iconic historical landmarks to Hackney Wick’s eclectic collection of independent bars. Explore the energy of the East while enjoying a home that fits your lifestyle.

Shared Ownership Homes in East London

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

L&Q at Beam Park, Barking

L&Q at Beam Park offers a selection of beautiful 1, 2, and 3-bedroom homes, available through London Living Rent. Located in Barking, a highly sought-after area, these properties feature modern interiors and stylish finishes. The area's regeneration plans include new local amenities, such as a proposed primary school, making this development perfect for both families and professionals. Residents will benefit from proposed transport links that connect the development directly to Fenchurch Street.

L&Q at Barking Riverside, Barking

Homes available through Shared Ownership and London Living Rent.

Barking Riverside is a flourishing community along the River Thames, offering a collection of over 10,000 stylish 1-, 2-, and 3-bedroom apartments, as well as 4-bedroom homes. The development is transforming the former industrial site at Barking into a thriving neighbourhood ideal for families. Homes feature spacious rooms and integrated appliances, with a range of amenities including schools, shops, and leisure facilities nearby. Barking station is just 22 minutes from Liverpool Street, making commuting into central London quick and easy.

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 in East London

L&Q at The Sugar Works, Royal Wharf

Located in Royal Wharf, East London. L&Q at The Sugar Works offers a range of London Living Rent homes just a short walk from Pontoon Dock DLR station, providing quick access to Central London. These modern 1, 2 & 3 bedroom apartments feature spacious bedrooms, modern bathrooms and an open-plan kitchens with integrated appliances.

Book your viewing today and discover affordable living in East London through the London Living Rent scheme.

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.