This property is available on Home Reach. Here you can buy from 50% -75% of a Lovell home and pay a low monthly rent on the part you don’t buy.
With Home Reach, smaller deposit requirements and lower monthly payments make it easier to buy the home you’ve always wanted!
You can initially purchase between 50% - 75% of your chosen Lovell Home, paying a low monthly rent on the part you don’t buy. You will be granted a 125- year lease, which means you will be able to live in your home as if you’ve bought it outright. You can also buy more of your home in the future (up to 100% ownership, this is known as stair casing).
You are eligible to purchase a Lovell Home, Home Reach property if:
• Your household income does not exceed £80,000
• You have a deposit (at least 5% of the share value)
• The property will be your principle home
• You pass a financial affordability assessment
50% Shared Ownership Price £114,975**
**All prices are quotes for a 50% share of the plot. All Home Reach plots can be purchased with a share of up to 75%.
There's never been a better time to buy a fabulous new home. With an exclusive collection of stylish 3, 4 and 5 bedroom homes to choose from there's sure to be something for you at The Laureates.
VISIT OUR SHOW HOMES ON LOW ROAD FOR MORE INFORMATION
The spacious and contemporary Davenant is a stunning corner property of unusual design. Of course, equally as impressive as this home is its stunning rural location.
Entering through the sheltered front door, the hallway leads you into the bright, airy kitchen/diner which has been finished to the highest standards throughout. Across the hall is the spacious living room, a place of serenity and calm. Here, French doors overlook the rear garden which boasts a paved patio ideal for alfresco entertaining. Upstairs is the well-appointed family bathroom that includes a handy shower over the bath. Also on this floor is the master bedroom with en-suite, as well as the second and third bedrooms.
*Home Reach is available on selected plots at The Laureates. Affordability and eligibility criteria's apply. For more information about heylo's Home Reach please visit www.homereach.org.uk. For plot specific information please visit our marketing suite.