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Move In By Christmas With Home Reach In Warwickshire

Posted 14 October 2021 by Keith Osborne

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

For house-hunters in Warwickshire 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 smaller mortgage than purchasing outright. Over time, owners can buy further shares as their budget allows, until they own 100%.

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

Crown Hill Gardens is the latest phase of a prestigious development in Radford Semele, only a mile from Leamington Spa. The village has its own village shop, post office, primary school, pub, churches and community facilities. The ‘Larch’ is an impressive three-bedroom detached home available through Home Reach. Downstairs is an open-plan kitchen/dining/family room with bifold doors to the garden, a living room, a study, a cloakroom, a family bathroom, two double bedrooms (one with en suite and dressing area) and a single bedroom. This house is priced at £215,000 for a 50% share (based on a full market value of £430,000) and require a minimum of a 5% deposit from £10,750.

Furrowfields is in Bishops Itchington, a vibrant village which is only a few miles from the market town of Southam and the M40. The three-bedroom ‘Spruce’ is a double-fronted house type, with kitchen/dining room and utility room to one side of the hallway and a living room to the other. Upstairs are two double and one single bedroom and the family bathroom. Bedroom one has an en suite and a dressing area. This is priced from £201,000 for a 50% share (full market value from £402,000) and requires a minimum of a 5% deposit from £10,050.

The ‘Cypress’The ‘Cypress’

Regency Grange is a development of one- to five-bedroom homes situated on the outskirts of Warwick at Myton Green. It is very close to a shopping centre and only a few minutes from Leamington Spa and the M40. The ‘Cypress’ has a double-aspect sitting room at the front, a kitchen/dining room at the rear with double doors to the garden, a cloakroom and understairs storage, two double bedrooms (oe with en suite shower room), a single bedroom and a bathroom. With Home Reach, this house is priced at £215,000 for a 50% share (based on a full market value of £430,000) and requires a minimum of a 5% deposit from £10,750.

The Pavilions is a development of brand new two-bedroom homes located next to the cricket club in the town of Kenilworth, within easy reach of the likes of Warwick, Coventry and Birmingham. The ‘Holly’ has a sitting room at the front and a kitchen/dining room to the rear, with a cloakroom and storage cupboard under the stairs completing the ground floor. Bedroom one is a double room with en suite and dressing area and bedroom two is another double. There’s also a family bathroom of the landing. A 50% share of the ‘Holly’ is priced at £187,000 (full market value £374,000) and requires a minimum of 5% deposit from £9,350.

 

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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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