Square Roots

Future Developments

Square Roots is dedicated to building a greater capital for everyone who wants to live and work in London with high quality affordable homes in communities that enrich the lives of residents and promote a sense of belonging. Setting down roots and being part of a community is something we believe everyone should be able to do.

If you are not ready to get on the property ladder just yet, affordable rent may be a suitable option and allow you to save to buy in the future.

Currently we do not have any properties available, but please see below our future developments that will offer homes with Affordable Rent. If you register your interest, we will keep you updated with the latest development news. To secure a home with Affordable Rent you will need to register with the relevant local authority housing department for the area you wish to move to.

Kingston KT2


Kingston KT2

1, 2 & 3 BEDROOM APARTMENTS

register your interest

Lewisham SE13


Lewisham SE13

1, 2 & 3 bedroom apartments

register your interest

Colindale NW9


Colindale NW9

Studio's, 1, 2 & 3 bedroom homes

register your interest

eligibility

Eligibility criteria may vary between Local Authorities so it is best to check relevant one in the area you are looking at to the exact criteria.

As general guidance to rent an affordable home, you must:

  • Have the right to rent – this is proven through possession of British/ EU/EEA Citizenship or a valid UK residency visa.
  • Have no history of bankruptcy, county court judgements (CCJs) or Individual Voluntary Agreements (IVAs)
  • Have no adverse rental history such as previous rent arrears or damage to property.
  • Be able to meet the minimum income and affordability standards - this differs depending price of the home you are interested in.
  • Be able to provide one month’s rent in advance and five weeks rent as a tenancy deposit.
  • Your overall household income must not exceed £90,000 for homes in London
  • You can’t own a property or be in the process of buying.
  • You must not be able to afford to purchase a similar home in the local area on the open market or through shared ownership.
  • You may be required to live or work in the area to which you are applying.

FAQs

  • What is Affordable Housing?

    Affordable housing is described in the UK government’s “Definitions of general housing terms” as:

    Housing for sale or rent, for those whose needs are not met by the market (including housing that provides a subsidised route to home ownership and/or is for essential local workers)

  • What is the difference between Affordable Rent, Intermediate Rent, London Living Rent and Social Rent?

    All these schemes are backed by the government.
     
    Homes available through Affordable Rent are let by their relevant local authority or private registered providers to those that are eligible. Affordable rent is no more than 80% of the local market rent, including service charges.
     
    Intermediate Rent is designed to help first time buyers who cannot yet afford to buy a home and want a chance to save for a deposit to purchase within the next five years. The rent charged is about 80% of market rent and is available with the relevant local Help to Buy Agent.
     
    London Living Rent is an intermediate affordable housing product available in London by the Greater London Authority. This is a rent to buy scheme, where you start by renting your property at a reduced rate to enable you to save for home ownership. You have the right to purchase the property within the first 10 years under Shared Ownership. This scheme is available to those with a maximum gross income of £60,000.
     

  • How do you apply for Affordable rent?

    Most affordable rent homes are advertised through the local authority and you will need to register with their housing department in the area you wish to live in. If you successfully secure one of our homes through the local authority, we will get in touch to discuss the onward steps to finalising your new home. 

affordable rent with
square roots

affordable rent with square roots

EXACTING STANDARDS – We’re meticulous in how we think and what we do. Carefully choosing where and what we build to ensure they are places people want to live.

Empowerment – we want to help people find a home in places they want to live and support future plans to get on the property ladder. Your home is important and we will support customers to develop and implement opportunities for involvement and empowerment.

Respect – At Square Roots we are dedicated to building a capital for everyone who wants to live and work here. We strive to provide exemplary customer service, respectful and courteous at every stage of your journey with us.

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