SHARED OWNERSHIP £93,750 is for a 25% share purchase, the full property price is £375,000.
The minimum CASH DEPOSIT you will need is £93,750.
Please call us to discuss the % options and costs accordingly.
*Your Home eligibility criteria:
•Good credit history
•Income to support the unpurchased share
•Be a British or EU citizen or have indefinite rights to remain in the UK
•Must be your principle and only home at completion
Turn any freehold property into part buy –part rent with Leaders Estate Agents and ‘Your Home’. You simply need 25% cash deposit on the full purchase price, there’s no need for a mortgage and you can buy more or move at any time. Subject to status and certain criteria (please see below for more details), you can buy from 25% -75% and pay rent on the part you do not buy whilst being able to staircase over time to own 100% of the property.
Your Home is a part buy –part rent scheme available on freehold properties for sale with Leaders Estate Agents.
How Much Can I buy? How much of a property can I purchase?
You can buy between 25% and 75% of the property. Your cash deposit must be at least 25% of the property’s market value. You can buy a larger share with cash or a Shared Ownership Mortgage. After 12 months, you can buy more of your home through a process called staircasing.
How Does the Rent work
You’ll pay rent each month in advance on the share you don’t own. Rent starts at 5.89% per year of that share’s value and increases annually by 1% plus the Retail Price Index (RPI). If the RPI is zero or negative, rent still increases by 1%.
How much deposit do I need?
You’ll need a cash deposit of at least 25% of the property’s market value. Your deposit can be gifted by close family members. Once your offer is accepted, we’ll ask for proof of deposit. Up to four people can gift funds under our scheme.
Can I buy any property?
With Your Home, the property must be a freehold, traditionally build home in England that is at least one year old, previously occupied, and has an EPC rating of D or above.
A RICS Level 2 Home Buyer’s Report is required (paid for by the buyer) before exchange, and the valuation must not be below the agreed purchase price.
The property must not have serious safety issues or long-term damage risks (such as damp, mould, or subsidence).
How much does it cost to use the Your Home scheme?
You’ll need to cover the standard costs associated with buying a home, including solicitor fees, surveys, and any applicable Stamp Duty (SDLT).
In addition to this, Your Home charges a one-off product fee starting from £2,000, depending on the property value and the share you are purchasing. This reflects the proportion of the total acquisition costs that Heylo incurs when buying the property on your behalf.
This fee covers the application process, conveyancing searches (Local Authority, Environmental, Drainage, and Water), as well as our solicitor’s fees.
Are there ongoing costs to pay in addition to rent?
Yes. Alongside your rent, you’ll pay a monthly management fee of less than £30 and buildings insurance.
How do Your Home complete their credit checks?
When you first apply, we’ll carry out a soft credit check to look for any issues that don’t meet our credit criteria.
Once you’ve found a property, we’ll complete a hard credit check as part of the final approval process.
If I have bad credit, can I still apply?
You’ll need to meet our credit criteria to proceed.
If there are two applicants, we’ll review both credit files.
In some exceptional circumstances — such as serious life events beyond your control — we may consider an appeal, supported by relevant documentation for our Credit Risk team to review.
An exciting opportunity to create a bespoke coastal retreat on the sought-after Private Sandy Beach Estate. This upside-down house offers direct beach access, panoramic sea views, and exceptional potential for improvement.
Property Features:
UPVC double glazing and gas central heating
Spacious driveway with ample parking for cars, a boat, or motorhome
Detached garage with power and lighting
Low-maintenance, south-facing rear garden
Accommodation:
Living Room:
A bright and welcoming space featuring a bay window and modern décor, ideal for relaxing or entertaining.
Kitchen:
Well-fitted with integral fridge/freezer, dishwasher, and generous work surfaces. South-facing French doors open into the conservatory, allowing natural light to flood the space.
Conservatory:
A sun-filled room overlooking the rear garden, perfect for dining, relaxing, or enjoying the coastal atmosphere.
Bedrooms:
Two double bedrooms, both with fitted wardrobes providing ample storage.
Shower Room & Cloakroom:
Modern white suite shower room plus a separate cloakroom for added convenience.
Outside:
Driveway & Garage:
Generous paved and shingled driveway providing off-road parking for multiple vehicles. Detached garage (15'9" x 8'6") with side access, power, and lighting.
Gardens:
South-facing rear garden is low-maintenance, enclosed by brick walls, with raised borders and a large timber shed/summerhouse. Front garden offers additional extended parking.
Nestled on the southern coast of Hampshire, Hayling Island is a vibrant seaside community renowned for its sandy beaches, sailing clubs, and coastal charm. The island offers a perfect mix of relaxed coastal living and modern convenience, making it ideal for families, retirees, and water-sports enthusiasts alike.
For commuters, Hayling Island benefits from excellent road connections to the A27 and A3(M), with Havant town centre and its mainline rail station just a short drive away, providing fast services to Portsmouth and London Waterloo. Nearby schools, healthcare facilities, and amenities add to the island’s appeal as a desirable year-round or holiday location.
Agent Notes:
Successful buyers will need to complete online identity checks via Lifetime Legal (£96 inc. VAT), payable in advance. This verifies identity in line with HMRC requirements and includes mover protection.
Council Tax Band C
