Home Reach Open Day Coming To Stalbridge

House-hunters in Dorset who want to find out more about the Home Reach ‘part buy-part rent’ scheme are invited to an event at Blackmore Meadows in Stalbridge for an event on Saturday 16 October, between 10.00am and 4.00pm.

A booking is not required, but anyone interested in attending is advised to make an appointment in order to secure the opportunity to speak to a financial advisor who will be on hand to help you discover if they qualify.

Home Reach is a partnership between housing provider heylo and a number of housebuilders across England which gives buyers who meet the eligibility criteria the opportunity to ‘part buy-part rent’ a brand new home. You can purchasing a share of a new build home (usually starting at 50%) and pay a subsidised rent on the remainder, with heylo as the landlord. The scheme is offered on selected plots at a development and provides all the benefits of homeownership but requires a much smaller deposit (5% of the share price) and smaller mortgage than purchasing outright. Over time, owners can buy further shares as their budget allows, until they own 100%.

Blackmore Meadows is situated less than a mile from the centre of the Dorset town of Stalbridge, and within easy reach of Sturminster Newton, Shaftesbury, Gillingham, Blandford Forum and Sherborne. The three-bedroom, double-fronted ‘Spruce’ comes has been designed to reflect the local vernacular architectural style but complemented with a thoroughly modern interior. Inside are the kitchen/dining room and utility room to one side of the hallway and a living room to the other. Upstairs, bedroom one has an en suite and a dressing area and there’s another double bedroom, a single bedroom and the family bathroom..This property is priced from £185,000 for a 50% share (full market value from £370,000) and requires a minimum of a 5% deposit from £9,250.

Find out more about Blackmore Meadows from Home Reach.

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