AFFORDABLE HOMES
FIRST STEPS TO NEXT STEPS – FAMILY SIZED HOUSES BY HOME REACH Whether a first time buyer or second-stepper, Home Reach recognises the need for more family sized houses being made available through the shared ownership scheme – which is why 80% of its homes are houses
With one of the largest shared ownership programmes in the UK, Home Reach is proud to partner with over 130 housebuilders across 200 local authorities – enabling house hunters across the country to realise their homeownership dreams. Melissa Toomey, Director of Sales at Heylo, explains, “We think it’s important to offer homes to suit everyone through the Home Reach scheme – shared ownership
is great for first time buyers, but also a fantastic option for buyers hoping to move too. “For those looking for more space – perhaps a garden or a driveway, or both! – but can’t quite afford to buy a property on the
open market, Home Reach has a huge range of houses available across England. We might be able to offer that next step on the property ladder.” Partnering with some of the UK’s top housebuilders allows Home Reach to offer a broad selection of three, four and five bedroom houses across the country, giving customers exactly the same sales experience as if they were purchasing a home outright. Phil Dragon bought a 60% share of a terraced house at The Quarters in Redhill, putting down a deposit of £13,500. Built by Linden and set on the edge of Telford, the homes are available to buy through shared ownership with Home Reach. “If I had to get a mortgage on the full value of the house I just wouldn’t have been able to afford it. Shared ownership has got me a home I wouldn’t have been able to have otherwise.” A select number of houses remain at The Quarters, boasting idyllic views of the surrounding Shropshire countryside. With quick commuter links to Telford, Walsall, Wolverhampton and Kidderminster, the new build development is also near a variety of well-rated primary and secondary schools. Two, four bedroom homes are
St Lawrence Fold
currently available to buy through Home Reach, with prices staring from £140,000 for a 40% share (FMV: £350,000).
EDWALTON FIELDS, NOTTINGHAMSHIRE
Perfect for families looking for a new community on the outskirts of Nottingham, Edwalton Fields offers easy access to nearby shops, leisure facilities and well- rated schools, as well as woodlands, local parks and play spaces – residents of the Linden Homes development are never short of things to do. Two and three bedroom semi-detached houses through shared ownership are cleverly designed for family life, with separate living rooms to the open- plan kitchen-diner and a family bathroom alongside the principal en suite. Prices for a two bedroom home start from £122,400 for a 40% share (FMV: £306,000). ST LAWRENCE FOLD, CLAY CROSS, DERBYSHIRE Boasting chocolate box-worthy facades and contemporary interiors, houses at
Edwalton Fields
St Lawrence Fold in Chesterfield stand out as something a little different. The energy-efficient homes are part of a £22m redevelopment scheme in Clay Cross, which will bring new amenities to the area. Three bedroom houses through Home Reach start from £117,500 for a 40% share (£235,000). A £500 John Lewis voucher is available on completions on selected plots.
For more information on family houses available with Home Reach, visit homereach.org.uk
52 First Time Buyer December 2024/January 2025
Made with FlippingBook interactive PDF creator