Summary

SHARED OWNERSHIP

This three bedroom house has a spacious hall and kitchen. A sizable living/dining area can be utilised however you wish to suit your lifestyle and that of your family. French doors lead outside, extending the sociable space at the rear of the house even more during warm summer days and evenings.

Bedroom one is located at the front of the house and is an impressive size, while bedrooms two and three are situated at the rear. The house bathroom consists of a crisp white suite and comes complete with shaver point, extractor fan and impeccable tiling.

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: £245,500
50% share price: £122,750
5% deposit: £6,137.50
50% rent on un-owned share: £281.30pm

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.