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Home Reach Open Day Coming To Stalbridge

Posted 13 October 2021 by Keith Osborne

Buyers can find out about the Home Reach scheme at Blackmore Meadows on Saturday 16 October...

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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A Guide To Part Buy Part Rent
Part Rent Part Buy is a scheme you can use with Home Reach where you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Find your part buy part rent house today!

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