Home Reach Shared Ownership at The Bridleway

  • Location Langley Park, Co. Durham
  • Number of Bedrooms 2 bedroom Bungalows
  • Price Prices from £93,750 for a 50% share

Home Reach at The Bridleway

 

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!!


Local Area Expand

Located in a beautiful County Durham countryside, Langley Park itself offers an excellent range of local shops and facilities to suit all aspects of family life.  Langley Park also benefits from an extensive footpath/cycle way links to adjoining countryside which are easily accessed from the development itself.  Perfect for dog walkers and outdoor enthusiasts!

The World Heritage Site of Durham City with the University, shops, leisure facilities, restaurants and nightlife is just a 15 minute drive away.  This particularly special city also offers the peace and tranquility of riverside walks taking in the beautiful historic buildings, bridges and wildlife that Durham has to offer.

 

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Historic Durham City Centre

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Countryside views and walks adjacent to The Bridleway

Thursday, Friday and Monday 10am - 5pm, Saturday and Sunday 11am - 5pm