Summary

BUY WITH JUST A 5% DPOSIT OF ONLY £7K
Price shown below is based on a 50% share with Home Reach. Buy with just a 5% deposit of only £7,000

ABOUT YOUR HOME

This three bedroom house has a large kitchen, made even more spacious by the separate utility room. A sizable living/dining area can be utilised however you wish to suit your lifestyle and requirements.

Bedroom one benefits from both an en-suite and a fitted wardrobe, while bedrooms two and three are good sizes and share use of the house bathroom.

WHAT IS HOME REACH, SHARED OWNERSHIP?

Home Reach is about making home ownership accessible. With Home Reach, you buy a share of your chosen home and pay a low monthly rent on the part you don’t buy. You can initially purchase 50% of your chosen home and heylo will become your landlord, granting you a 125-year lease. This means you will be able to live in your home as if you’ve bought it outright. You can buy more of your home in the future and stop paying rent on that part.

Full market value: £279,995
50% share price: £139,998
5% deposit: £6,813
50% rent on un-owned share: £360.93

Rent increases at RPI plus 0.5% annually on the 1st April
Lease Management Fee is £23.52 per annum
Buildings insurance £150 (approx.)

Ask a sales executive for more information.

SAVE ON YOUR ENERGY BILLS
Did you know that new build homes use 64% less energy than older counterparts, cutting the average energy bill by £2,200* a year

TERMS AND CONDITIONS

*Source: HBF’s Watt a save July 2023 report.