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
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
|Monthly Service Charge||Included in rent|
|Date Available||Viewing now|