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.