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Home Reach

Home Reach is about making home ownership possible.

Working with housebuilders across England to offer Home Reach, a part buy – part rent option on new build properties.

With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, rather than the size of your home. So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.

You are able to purchase your share in either cash savings or by taking out a mortgage. If you are taking out a mortgage to finance your share, you will need to allow for a minimum of 5% deposit. The larger your deposit (typically 10%) the lower your mortgage repayments are likely to be.

To start with, you can purchase up to 75% 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 the home as if you’ve bought it outright.

On the share you do not purchase, you will pay rent of 2.75% of the unsold value, this will be paid monthly via direct debit. You can purchase more shares in the future until you own the whole property and stop paying rent altogether.

Starting shares, vary across developments. For more information on the shares available, the sales representatives at the development you would like to buy at will be able to guide you.

Popular Developments

Bristol BS16
£167,500 (from 50% share)
Blackberry Hill
Bristol BS16
2 bedroom properties
Home Reach
Longridge, Lancashire PR3
£107,500 - £132,500 (from 50% share)
The Sandpipers
Longridge, Lancashire PR3 
3 - 4 bedroom properties
Home Reach
Hanwell, Ealing W7 3
£101,250 - £137,500 (from 25% share)
Easton Lodge
Hanwell, Ealing W7 3
1 - 2 bedroom properties
Home Reach

New Developments

Ipswich, Suffolk IP1
£167,500 (from 50% share)
Henley Gate
Ipswich, Suffolk IP1 
3 bedroom properties
Home Reach
Northam, Devon EX39
£170,000 (from 50% share)
Bay View
Northam, Devon EX39
3 bedroom properties
Home Reach
Darlington, County Durham DL2
£109,995 - £131,995 (from 50% share)
The Orchard At West Park
Darlington, County Durham DL2 
3 bedroom properties
Home Reach
Contact Home Reach
The housebuilder will use these details to contact you.
By clicking "Request Details" I accept the Terms and Conditions and Privacy Policy and I am happy to receive more information about the above or other developments similar from WhatHouse? Digital or Home Reach. I understand that consent isn't a condition of purchase for any product or service and that I can opt out at any time.

Why Choose Home Reach?

Security

Part buy - part rent provides the security of home ownership. Home Reach can help you open the door to a house you can permanently call home.
Renting can be a convenient option for those looking to keep their options open. Choosing to rent can allow you to move around more frequently. However, it opens you up to rental price hikes, unscrupulous landlords and short-notice evictions.
Part buy – part rent can provide you with long-term security, as when you purchase a Home Reach property, you are granted a 125-year lease by heylo housing. This gives you the ability to make concrete plans for the future, from raising a family to redecorating your home, or perhaps turning that spare bedroom into a home office for your flourishing business.

Affordable

Deposits for Home Reach properties can be significantly lower than those for equivalent properties purchased via a traditional mortgage. This is because part buy - part rent deposits are determined by the share of the property you buy,  not the value of the property you wish to live in.
If you were to choose a £200,000 new-build property, you’d pay a deposit based on the share you choose. If you choose a 50 per cent share of a property, you would need to pay a minimum five per cent deposit. This would cost you £5,000, but with a traditional mortgage, you’d have to pay double that. This makes part buy – part rent a much more affordable way to get on the property ladder for those with limited savings.
Part buy – part rent opens up not only affordable rent payments but affordable deposits, too. Find out how part buy – part rent works and check out some examples of how little rent you could pay with a Home Reach property.

Freedom

Home Reach gives you the freedom for home improvements. Rented properties often restrict your ability to make improvements, making it feel like you’re never really settled—but with Home Reach properties, you can decorate and even transform existing spaces in a way that reflects your own tastes, truly making your house a home. What’s more, home improvements can add significant value to your property’s asking price.
We know how important pets can be in our lives, which is why we allow them in our properties. However, we always ask you to seek permission as some managing agents/leases have individual pet policy’s which can restrict these – so it is always good to check beforehand.

Contact Home Reach
The housebuilder will use these details to contact you.
By clicking "Request Details" I accept the Terms and Conditions and Privacy Policy and I am happy to receive more information about the above or other developments similar from WhatHouse? Digital or Home Reach. I understand that consent isn't a condition of purchase for any product or service and that I can opt out at any time.
Latest News
One of the brand new houses at St George's Gate in Newport is available to part buy-part rent through Home Reach...
Home Reach offers some affordable, brand new part buy-part rent homes for sale at developments across Shropshire...
We look at the latest part buy-part rent Home Reach opportunities at developments across Lancashire...
Case Studies
Tia feels ready to face the world on her own after securing a new house under the Home Reach initiative...
A couple from Northumberland have moved to the Isle of Wight to be closer to their daughter, and arranged everything over Zoom...
Graham and Janet Beevers have sold up their home in France after 16 years and relocated to North Yorkshire...
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