Lyon Square LLR_2BR

Overview

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Lyon Square is your invitation to live in an apartment in the heart of Harrow with superb elevated views over this famous corner of London.

As part of the London Living Rent scheme from the Mayor of London, homes at Lyon Square are offered on assured shorthold tenancies.

These spacious one bedroom London Living Rent apartments are in Zone 3, North West London and just a 5-7 minute walk to the Metropolitan Line.

They are a fantastic opportunity for first time buyers to rent and save to buy their first home.

The development consists of modern, spacious one and two bedroom apartments, with private outdoor space and quality finishes. Each new home has been designed to meet your every comfort and provides a modern, contemporary feel, perfect for relaxed living.

Please note images are for illustration purposes only

Eligibility:

Priority will be given to applicants currently living and/or working in London Borough of Harrow or current social tenants in the London Borough of Harrow.

You may be eligible for London Living Rent property if:

• You currently work or live in London.
• Priority will be given to applicants who live and/or work in the development host Borough.
• Your maximum household income is £67,000, and you don't have enough savings to purchase a home (including through shared ownership) in the local area on the open market.
• An Independent Financial Advisor may assess application to make sure you meet general mortgage criteria but you are currently unable to afford to buy a home.
• Your gross salary will exceed the minimum income requirement for the development.
• You earn enough to save for a deposit. We need to be sure that applicants have the potential to save for a deposit over the tenancy period. So we've set minimum household incomes that applicants need to be earning to apply for the scheme. The minimum household income is based on the Market Rent in the local area.

At The Mortimer development the requirement is:

• £54,970 for a 2-bedroom apartment as minimum household income
• You can provide one months' rent in advance and one months' rent as a security deposit, as well as the rent pro rata for the month during which you start tenancy
• You can demonstrate your ability to pay the rent and accumulate savings.
• The Mortimer apartment must be your primary residence and you do not own property either in the UK or abroad.
• You will have been employed on a permanent contract for at least 3 months.
• You are employed on a permanent contract or a temporary contract with 6 months remaining the original contract being issued for at least 12 months.
• You can supply 3 months payslips or, if self employed, you will be able to provide a full set of accounts for the previous tax year or SA302 form plus 6 months bank statements.
• You meet lenders general criteria to obtain mortgage funds.
• You have no history of rent arrears from previous property within the last 12 months or have not breached the terms of a tenancy agreement.
• You will not have any been subject to a County Court Judgement (CCJ) within the last 6 years or an Individual Voluntary Agreement (IVA).

Plot availability