What is London Living Rent?
London Living Rent (LLR) is designed for people who are currently renting and want to get onto the property ladder but can’t afford to do so yet – either through Shared Ownership or on the open market.
LLR allows you to rent a home at a discounted rate, sometimes up to 50% less than you would expect to pay for a similar property on the open market. LLR helps making saving towards purchasing a home more achievable.
The main benefit to renting an LLR home is that you can go on to purchase the property that you already call home. As an LLR renter, and through our Shared Ownership scheme, there is no need to move elsewhere when you’re ready to purchase.