Keepmoat.com Assets Purchasers Guide to Home Reach | Page 2

Who is heylo . . . Launched in September 2014, heylo has created one of the largest home ownership programmes in the UK, offering a number of different routes to ensure owning your own home is accessible. heylo works in partnership with housebuilders across the country, offering Home Reach, a part-buy- part-rent option on new build properties. There's no catch, it's not magic, heylo is simply about helping you get on, climb up and stay on the property ladder. For more information on heylo, please visit www.heylohousing.com Home Reach . . . making home ownership accessible With Home Reach, you buy a share of your chosen home and pay a low monthly rent on the part you don't buy. You get to choose whether you buy a bigger share of a cheaper home or a smaller share of a more expensive home. You can initially purchase between 25% and 75% of your chosen home and heylo will become your landlord, granting you a 125-year lease. This means you will be able to live in your home as if you've bought it outright. You can buy more of your home in the future and stop paying rent on that part. 3