Londoners looking for an affordable route to renting in the capital are invited to discover more about London Living Rent (LLR) at an upcoming open day hosted by L&Q at Barking Riverside.
Taking place on Wednesday 15th July from 10am to 4pm at Barking Riverside, the free event will give prospective renters the opportunity to find out more about the Government-backed LLR scheme and explore the one-bedroom apartments currently available. Visitors who go on to reserve a one-bedroom apartment and move in by 30th September will also receive a £250 IKEA voucher*.
With bookable sessions available throughout the day, visitors will have the opportunity to learn more about the London Living Rent scheme, including the eligibility and affordability criteria, while exploring the one-bedroom apartments currently available. Attendees will be able to speak with L&Q’s friendly lettings team, who will be on hand to answer questions, provide guidance on the application process and help prospective renters get started with their application.
Funded by the Mayor of London, London Living Rent is designed to help people on middle incomes save towards buying a home. With rents set below typical market rates, the scheme enables residents to put aside more money each month, helping them work towards purchasing a home in the future through Shared Ownership or on the open market.
Andrea Palmer, Head of Intermediate Rent at L&Q, comments “London Living Rent offers a practical stepping stone for people who want to stay in London while working towards homeownership. Our open day is a great opportunity for anyone interested in the scheme to find out how it works, see the quality of the homes available and receive one-to-one guidance from our experienced team.
“Barking Riverside is one of London’s most exciting new neighbourhoods, combining high-quality homes with excellent transport links, beautiful riverside surroundings and a growing range of cafés and community spaces. We look forward to welcoming prospective customers and showing them not only how London Living Rent can support their future ambitions, but also everything this vibrant community has to offer.”
Being delivered by master developer Barking Riverside Limited, a joint venture between L&Q and the Mayor of London, Barking Riverside is supported by transport infrastructure, green space, onsite amenities and more.
All London Living Rent homes at Barking Riverside are finished to a contemporary specification with a typical apartment benefiting from a modern open-plan living space, and spacious bedrooms. Contemporary kitchens are complete with integrated appliances which make for a stylish and practical entertaining zone. Bedrooms feature large windows, whilst bathrooms are fitted with modern white sanitaryware and chrome fixtures. Each home has a private balcony or terrace.
Just a short walk from L&Q’s new homes is The Exchange, a lively riverside venue offering food, drinks and a year-round programme of live music and events, making it the perfect spot to socialise with friends and neighbours. Nearby, The Wilds, a new ecology, community and events space home to community-run café as well as hot desking spaces, well suited for young professionals seeking an alternative to working from home. For those eager to keep active, a network of new cycle and walking routes run throughout the development, and every home comes with secure cycle parking as standard.
Well connected for commuters, Barking Riverside station is serviced by the Overground Suffragette Line. Further connections via the Hammersmith and City line, District line, and the C2C services all run from nearby Barking Station, which is just a 7-minute journey from Barking Riverside. By boat, the Uber Boat route connects Barking Riverside to Woolwich in just 9 minutes, from where the DLR and Elizabeth Line are directly accessible.
The London Living Rent Open Day takes place on Wednesday 15th July, from 10am to 4pm. Attendance is free, but visitors are encouraged to reserve a place in advance via Eventbrite: https://BarkingriversideLLR.eventbrite.co.uk
1-bedroom apartment priced £1,240.00 PCM** (minimum household income of £36,149 required for a joint application and £41,038 for a single applicant)