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Move In By Christmas With Home Reach In Hampshire

Posted 18 October 2021 by Keith Osborne

A range of homes across the county can be purchased right now via the part buy-part rent scheme...

For house-hunters in Hampshire searching for a first home to move into by this Christmas, there are a few opportunities to do so at developments across the county which are for sale through the Home Reach scheme.

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 purchase 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 a smaller mortgage than when purchasing outright. Over time, owners can buy further shares as their budget allows, until they own 100%.

Here are some examples of homes in Hampshire ready to move into by Christmas through Home Reach.

Winchfield ViewWinchfield View

Winchfield View is situated about two miles from the village of Hartley Wintney, which benefits from a busy high street, a renowned cricket green, a golf club and a lovely village pond. Reading is about 14 miles away, Wokingham about 11 miles and Basingstoke 10 miles. For travel connections, there are the M3 and M4, as well as rail services from Winchfield (half-a-mile from home) and Hook (four miles). A two-bedroom apartment here has an open-plan kitchen/living/dining room, wardrobes to the master bedroom and comes with allocated parking. A 25% share is priced at £93,750 (based on a full market value from £375,000) which requires a minimum of 5% deposit from £4,688.

Centenary Quay is a growing new waterside development set on the banks of the River Itchen in Southampton. There are local shops and amenities and over the bridge is more to do at Ocean Village, while the city centre is under two miles away. There’s an apartment here which comes with two double bedrooms (with en suite and fitted wardrobes to bedroom one), an open-plan kitchen/dining/living room with a private balcony, a family bathroom and a handy utility cupboard off the hallway. A 50% share of this property is from £142,500 (based on a full market value of £285,000) which requires a minimum of 5% deposit from £7,125.

 

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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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