2 bedroom apartment available exclusively through Intermediate Market Rent
Rent £1,400 per calendar month
Intermediate Market Rent with L&Q
Intermediate Market Rent (IMR) is scheme designated to help you save money by offering rents at 80% of a similar property on the open market. The savings you make on the discounted rent can then be used towards a deposit for your first home. With reduced monthly payments, you'll have more room to build up your savings towards a deposit for your first home.
To be eligible for in Intermediate Market Rent home, you must:
- Have the right to rent - proven by possession of British/EU/EEA Citizenship or a valid UK residency visa
- Be able to provide one month's rent in advance and five weeks' rent as a tenancy deposit
- Meet the minimum income and affordability standards - this will depend on the price of the home you are interested in
- Minimum household incomes from £56,756.76
- Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments
To rent an IMR home with us, you must not:
- Already own a property or be in the process of buying.
- Be able to afford a similar home on the open market.
- Have a household income that exceeds £75,000.
- 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).
Speak to our Lettings Associates to find out more and book your viewing today
North Greenwich, nestled in South East London, is a bustling neighbourhood renowned for its contemporary feel and excellent connectivity. Its standout feature is the renowned O2 Arena, a hub for concerts, events, and entertainment spectacles. With picturesque views overlooking the River Thames, the area offers a delightful ambience. Thanks to the Jubilee Line, North Greenwich enjoys seamless access to both Canary Wharf and Central London, making it a favoured destination for both locals and visitors. Its proximity to Canary Wharf, a key financial hub, positions it as an appealing locale for professionals in finance and business sectors, providing them with easy access to employment opportunities and amenities in these thriving areas.