Living expenses in Newham are very reasonable, especially compared with other areas in London.

There is a variety of housing options available. Below is a general overview of these.

Buying

The cost of buying a property in and around Newham is still more affordable than many parts of London, although the area has seen an extraordinary rise in prices in recent years, higher than most other parts of London, as a direct result of the Olympics and regeneration

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Private Renting

Rents in Newham are some of the most reasonable in London. We recommend that you take an 'Assured short-hold Tenancy' or otherwise seek legal advice before entering into any formal contract.

You will require one month's rent and a deposit to move into any rented property. A relocation scheme designed to help meet the cost of moving is available for all primary NQTs and from some secondary schools.

More information
Landlords look favourably on teachers. Many contact us, seeking tenants. If you want a copy of the latest list, contact Margaret Patient on 0208 249 6942, or email

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Housing Options

FIRST STEPS

FIRST STEPS offers a range of housing options to Londoners
FIRST STEPS gives you the option to either buy or rent a home.

If you choose to buy a home, FIRST STEPS offers Shared Ownership and Equity Loans. Both products are designed to bring down the cost of home ownership by reducing the amount of deposit required to buy a new home and by making monthly housing costs manageable.

If you choose to rent a home, FIRST STEPS offers Intermediate Rent and Rent to Buy. Intermediate Rent allows you to rent a brand new or refurbished home (usually for 6 months), or a home that is being re-let at less than the market rate.

Rent to Buy offers the opportunity to rent a newly built home on an Intermediate Rent basis; allowing you to rent a home for less than you would expect to pay on the open market. You can do this for up to five years with the option to buy the home through FIRST STEPS Shared Ownership when you are ready to buy. For more information please see www.firststepslondon.org

East Thames Homes

Have a variety of homes across east London and Essex. East Thames Homes gives you the option to either buy or rent a home. If you choose to buy a home, East Thames Homes offers Shared Ownership and Rent to Buy. If you choose to rent a home, East Thames Homes has properties that can be rented with the option of Intermediate Rent or Market Rent. For more information please see www.east-homes.co.uk

London Strategic Housing (LSH)

London Strategic Housing (LSH) offers accommodation in a range of London boroughs. Properties are available for both rent and private purchase and include: Fully furnished shared flats, in which residents share communal facilities but have:

• Individual bedrooms and private en-suite bathrooms;
• Self-contained studios and one bed flats;
• Self-contained two and three bed family houses and flats

LSH also offers shared ownership, which is also referred to as New Build HomeBuy or part buy part rent. This is a government initiative to help first time buyers get a foot on the property ladder. For more information please see www.Londonstrategichousing.com