You will need to pay rent on the share you don’t purchase, this is collected monthly via direct debit.
Rent is charged at 2.75% (on the share you don’t purchase) and increases annually by RPI + 0.5%.
You will need to pay a reservation fee to secure your Home Reach home.
Please speak to the sales team at the development for more information on the reservation fee and when it will be payable.
heylo charges a monthly admin fee for managing your lease, this is paid via direct debit with your rent. Your solicitor will be able to advise on the exact cost.
heylo as your landlord will take out buildings insurance for your property and recharge this back to you annually.
When completing your purchase, your solicitors will be able to advise you of the final cost for this compulsory insurance.
You will need to pay the housebuilder directly for any estate or service charge fees associated with your home.
Please speak to the sales team at the development for more information on estate or service charge fees payable.
You will need to pay the rent and admin fee for the remaining days of the month in which you complete and for the following month. This is not an additional admin or months rent, rent is payable in advance to allow time for your direct debit to be set up. Rent and admin fee will be collected via direct debit in your third month.
Complete the form below to start your registration process
*The data protection laws protect your rights when organisations hold or process personal information about you. heylo housing group collects personal information about you that you submit via this website. heylo housing group will hold and process personal information that you have provided or will provide in the future to perform the functions of heylo housing group. heylo housing group relies on the ability to collect and process your personal information that you submit via the website in order that heylo housing group can support you in your property search. heylo housing group are required to keep this information secure and to process it in accordance with the data protection laws. heylo housing group may share your information with third parties in relation to the administration of your application and contractual arrangements, including professional advisers, property vendors and other agencies supporting heylo housing group for the purposes of assisting you in your property search and other service providers. However, it will not be shared with third parties for marketing purposes unless you consent to this and you may withdraw your consent at any time.
