Home Reach brings home ownership within reach for Cheshire Buyers

Posted 21 September 2020 by Angela Greenwood

A property seeker has made the move from Stoke-on-Trent to Alsager using heylo’s Home Reach scheme in partnership with Barratt Homes.

A property seeker has made the move from Stoke-on-Trent to Alsager using heylo’s Home Reach scheme in partnership with Barratt Homes.

Sarah Bardsley (51) was renting a flat in Hanley after health issues following a brain aneurysm burst left her unable to work for a period of time. However emergency brain surgery and determination meant she got back into a career as a secretary at Heywood Hospital.

Concerned that she wouldn’t be able to get back on the property ladder, Sarah found out about the Home Reach scheme through social media and started looking for properties under the heylo initiative. She recently purchased a property using Home Reach at Barratt Homes’ Lloyd Mews development, located on Dunnocksfold Road in Alsager.

The Home Reach scheme provides an affordable way to step onto the property ladder via a part-buy part-rent agreement with a private landlord. The scheme has already helped thousands of new buyers make their move into the market since it launched in 2014.

Sarah said, “The Home Reach scheme was vital in helping me get on the property ladder following what has been a difficult time for me. As I only work part time it meant I could move from renting a one bedroom flat to purchasing a three bedroom home in a lovely area.”

Having looked at a number of new build properties, she saw that she could purchase using Home Reach at Lloyd Mews after driving past the development.

She continued, “A new build home meant I would have less to worry about with the maintenance or renovating it to my taste as I could personalise it using the Choices range and there is a warranty in place.

“Christine and Ann, the Sales Advisers at Lloyd Mews were so helpful and explained everything to me and I knew when I saw the development that it was beautifully laid out and the quality was really high.”

Sarah is now living in Maidstone style home at Lloyd Mews with her dog Tinkerbell. The property gives her space for her children and grandchildren to visit which her previous flat didn’t.

“There is a really friendly community at the development, but it’s so peaceful and quiet which is really important to me and I’m enjoying being so close to the countryside. It’s great for dog walks!

“The whole experience has been fantastic, the service from both Barratt Homes and heylo has been brilliant and I was kept up to date and informed the whole time which meant I could relax.”

Lynton Dudgeon, Sales Director at Barratt Homes North West, said, “I’m really pleased that Sarah has found her home at Lloyd Mews after all that she has been through. It’s great to hear that the Home Reach scheme has helped someone so inspirational get back onto the property ladder and settle into a new life.”

David Orchin, MD at heylo, said, “We’re delighted that Sarah was able to purchase her dream home at Lloyd Mews, through our partnership with Barratt Homes. Since our launch in 2014, we’ve helped over 2000 households make home ownership possible through Home Reach.”

There are currently three bedroom homes available with the Home Reach scheme at Lloyd Mews priced from £102,497 for a 50% share. For more information please visit the sales centre, open Monday 12.30pm-5.30pm and Thursday to Sunday 10am-5.30pm.

For more information on the houses available and the Home Reach scheme both at Lloyd Mews and throughout the North West please visit https://www.barratthomes.co.uk/offers/home-reach/ or call 0333 455 3075.


21 September 2020
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A Guide To Part Buy Part Rent
With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, rather than the size of your home. So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.

You are able to purchase your share in either cash savings or by taking out a mortgage. If you are taking out a mortgage to finance your share, you will need to allow for a minimum of 5% deposit. The larger your deposit (typically 10%) the lower your mortgage repayments are likely to be.

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