Summary

SHARED OWNERSHIP. BUY WITH JUST A 5% DEPOSIT OF ONLY £7,250
Price shown below is based on a 50% share with Home Reach.

The Normanby offers the best of both worlds, with a large kitchen/dining area with French doors leading outside on one side of the house, and a stunning dual aspect living room.

There are two large bedrooms at the front of the house, with bedroom one benefiting from a fitted wardrobe and generous en suite. The house bathroom and a third bedroom occupy the rear, accessed from a spacious landing.

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: £289,995
50% share price: £144,998
5% deposit: £7,250
50% rent on un-owned share: £332.28pm

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 you could SAVE OVER £258* per month on your energy bill when buying a new home?

*The Home Builders Federation (HBF)’s latest report – Watt a Save – has quantified this. The report’s findings show that new build homes save residents an average of £3,100 a year on energy bills – flats and bungalows also benefit from savings. The report suggests that fewer than four per cent of existing dwellings can match the EPC B rating or higher that new builds, Allison Homes included, commonly achieve.