Heylo Shared Ownership

About Heylo Shared Ownership

Home Reach is a shared ownership scheme, also known as part buy – part rent, that allows buyers to purchase up to 75% of a home. Rent, starting from 2.75%, is then paid monthly on the remaining share. Over time, additional shares can be purchased until full ownership is achieved, eliminating rent payments entirely. Buyers also have the flexibility to purchase more shares or sell them back at any time.

This scheme is an excellent option for budget-conscious homebuyers, as it reduces the amount of capital needed upfront and makes mortgage repayments more manageable by lowering the loan amount required from banks.