What's included in my lease?

Lease Information

Home Reach uses a government standard shared ownership lease

The lease sets out:

  • A description of the property including its boundaries and a guide to which parts are your responsibility. If a leasehold property, the lease will also contain any restrictions or obligations flowing from the superior leasehold title, such as payment of ground rent
  • The start date of the lease and the share you have purchased
  • The amount of rent that you must pay, together with other amounts due under the lease
  • The rent increase, linked to Retail Price Index plus 0.5% each year
  • Your responsibilities as a leaseholder, such as all repairs and maintenance of the property
  • heylo’s responsibilities as the landlord under the lease, such as building insurance arrangements
  • The method by which you can purchase additional shares to own more of your home in the future
  • The method by which you can move, either by selling your share or selling the whole property
Register Interest

Register your interest

Complete the form below to start your registration process

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