Home Reach, part buy - part rent 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. A scheme for people who don't own a house currently.
You are eligible to use Home Reach if:
• Your household income does not exceed £80,000
• You have a deposit (at least 5% of the share value)
• The property will be your principle home