Lanhill Road, Maida Hill, W9 2BQ - The Accelerator Scheme - 1 x 2 bed apartment - viewing now - priority to families with dependent children

Submitted on 27 September 2021 - 17:52

1 x 2 bed apartment, located on the 1st floor, available for viewing on the Accelerator scheme, priority to families with dependent children.

Please note: This product provides a maximum tenancy period of 3 years of intermediate rent (IMR), followed by a chance to receive an enhanced deposit, for the purchase of a home elsewhere in Greater London. For further information about the product please visit: www.dolphinliving.com/what-we-do/accelerator-scheme 

Overview

Introducing an exciting scheme in Westminster, with the option of renting a flat at Lanhill Road for 3 years and then receiving an enhanced deposit to purchase a property elsewhere in Greater London. The scheme, designed to help first-time buyers who live or work in Westminster get on the ladder in London has been launched in a bid to tackle the affordability crisis in the capital.

Dolphin Living, an affordable homes provider, and charity, has teamed up with Westminster Council to offer an accelerator programme – the first of its kind in the UK – which will boost an applicant’s deposit while they pay reduced rent.

Lanhill Road - located within easy access to local shops, bars and cafés, the building includes a large communal garden as well as private gardens for the three lower ground/ground floor duplex apartments. Centrally located, the building is just a short walk from Westbourne Park, Maida Vale & Queen’s stations with Paddington station just a short bus ride away. There are also a number of local bus routes close by.

The apartments come with fridge freezers, washing machines and fitted wardrobes as standard.

Important: In order to be eligible for this product, you must currently have a deposit of £22,500  

Please note the maximum level of savings to be eligible for the Accelerator scheme is £100,000.

Name of Housing Provider: Dolphin Living
Type of tenure? Intermediate Rent (IMR) - for a maximum of 3 years
Name of development Lanhill Road
Full address of development (including postcode): Lanhill Road, Maida Hill, London, W9 2ED
Type of property i.e. apartment or house Apartments
Number of units available 1 (2 bed)
Eligibility criteria e.g. Is it key worker specific? Westminster residents and workers, priority to residents
Does the property have access for people with disabilities Minimum household income required to achieve affordability   Yes. Lifted with level access  

Minimum household Income to allow eligibility

Maximum household Income to allow eligibility

Single income - £54,212.93, Dual income - £48,254.68

£90,000

Monthly Service Charge Included in rent
Monthly Rent £1,337.92
Date Available Viewing now