This property is available with Home Reach. You can buy up to 75% of a Crest Nicholson home and pay a low monthly rent on the part you don’t buy.
You will be granted a 125-year lease, which means you will be able to live in your home as if you’ve bought it outright. You can also buy more of your home in the future (up to 100% ownership, this is known as staircasing).
You are eligible to purchase a Crest Nicholson Home Reach Property 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
◦You pass a financial affordability assessment