SHARED OWNERSHIP COULD HELP YOU BUY YOUR NEW HOME!

FINAL BUNGALOW AVAILABLE!

Here at The Bridleway in Langley Park we have eleven bungalows available on the government backed Home Reach Shared Ownership product from heylo housing.

With Home Reach you can buy between 50% up to 75% of a Dere Street home and a pay a low monthly rent on the part you don’t buy.  More information on eligibility and affordability of using Home Reach to purchase your home can be found at www.homereach.org.uk.

With Home Reach, smaller deposit requirements and lower monthly payments make it easier to buy the home you’ve always wanted! You can initially purchase up to 75% of your chosen plot, paying a low monthly rent on the part you don’t buy. You will be granted a lease, which means you will be able to live in your home as if you’ve bought it outright. You can also buy more of your home in the future (up to 100% ownership, this is known as staircasing).

You are eligible to purchase a Dere Street Homes Home Reach Property if:

• Your household income does not exceed £80,000
• You have a deposit (at least 5% of the share value)
• The property will be your principal home
• You pass a financial affordability assessment

Click  to watch on You Tube – Home Reach Explained

Please note that we are not able to sell these properties through any other scheme or without using the Home Reach scheme.

Home Reach is available on plots 1-11 at The Bridleway. Affordability and eligibility criteria apply. For more information about heylo’s Home Reach please visit www.homereach.org.uk. For plot specific information, please visit the sales office.

To view house type, specification and development information please visit The Bridleway section of our website here.

Flooring is included throughout in all of our Levisham bungalow prices!!