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Purchase options

How to buy your UpToYou, Rent to Homebuy or London Living Rent home
UpToYou, Rent to Homebuy and London Living Rent are all schemes that were introduced to assist people who aspire to home ownership.

They give people who are renting through L&Q an opportunity to buy their home outright or through shared ownership.

To find out if you may be entitled to a discount on the share that you purchase, please check your tenancy agreement.

Please note that the discount will not be given if you are buying the property outright. There is also no discount applicable for London Living Rent residents.


Eligibility criteria

To qualify for buying your property:

  • you must be living in a L&Q rented home with either an UpToYou, Rent to Homebuy or London Living Rent tenancy
  • you must earn equal or less than £90,000 (household income). If you earn in excess of £90,000 we would expect you to purchase the property outright
  • you must have lived in the property for at least six months and passed the initial tenancy period
  • you will need to have sufficient funds to buy the home. These will need to cover the cost of buying and at least a 5-10% deposit required by most mortgage lenders to put towards your share
  • you must be adhering to the terms and conditions of your tenancy and not be in any rent or service charge arrears or be linked to antisocial behaviour
  • you must not be overcrowded and the home must meet your current needs
  • you must meet our home ownership criteria

What are the costs involved in buying my home? 


It is important to consider the cost of buying your own home before making the decision to go ahead. 

It is a good idea to get your own independent financial advice before making any commitment. An independent Financial Advisor will be able to explain the costs of buying through this scheme.

We estimate that you'll need around £5,000 - £10,000 to cover the cost of buying a home. This includes:

  • Legal costs
  • A fee for arranging a mortgage
  • Survey / valuation fee (if you arrange your own)
  • Stamp Duty Land Tax (SDLT)

Please note that it is likely you will also need savings for at least a 5% deposit for the share you are purchasing.

This is a requirement of most mortgage lenders and can be discussed with your Financial Advisor when applying for your mortgage. 

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Get in touch

If you'd like to make an application to purchase your property, please contact our Homeownership team by calling 0300 456 9998 or email us