Ways to Buy

Ways to buy
your dream home

Help to Buy Option One: Equity Loan

Help to Buy is a set of government schemes designed to help you in the property market. If you’re a first-time buyer, Help to Buy schemes are available on our homes in England, subject to eligibility.

The government-backed Help to Buy scheme is intended to make mortgages more readily available to hard working people like you, and may help you qualify for some of the best mortgage rates around.

The new Help to Buy Equity Loan scheme was launched on 1st April 2021 and now includes regional property price limits to ensure the scheme reaches people who need it most.

Hep to Buy Option Two: Mortgage Guarantee

A mortgage supported by the mortgage guarantee scheme works in exactly the same way as any other mortgage except that under the scheme the government offers lenders the option to purchase a guarantee on mortgage loans.

Because of this support, lenders taking part are able to offer home buyers more high loan-to-value mortgages (80-95%).

You will still be fully responsible for your mortgage repayments. So, if you have a 5% deposit, you will need to take out and pay back a 95% mortgage.

Home Reach is about 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 up to 75% of your chosen home on selected developments 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.

Diagram source: https://www.homereach.org.uk/info/how-does-part-buy-part-rent-work

So how does part buy-part rent compare against renting or buying? Here is an example above based on a £230,000 home. 

Six Reasons for using Home Reach

  1. An affordable way to get onto the housing ladder
  2. Provides security of home ownership
  3. Freedom to decorate and improve your home
  4. Ability to increase the level of ownership at any time
  5. Flexibility to sell and move at any time
  6. Benefit from any increase in property prices


You are eligible to purchase through Home Reach on selected developments if:

  • Your household income does not exceed £80,000 per annum.
  • You have a deposit (at least 5% of the share value).
  • You are a first-time buyer or used to own a home, but cannot afford to buy outright now.
  • You currently occupy a shared ownership property and are looking to move.
  • The shared ownership property will be your principle and only home.
  • You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.

Our Early Bird option means you can be first in the queue to secure your dream home.

Your reservation fee will ensure you have first refusal on your chosen plot. We promise to give you an indicative price and anticipated entry date within six months. If at that time you decide not to proceed, we refund your deposit, less an administration fee.

Whether you are looking to strengthen your property investment portfolio, buy a second home, or are just starting your journey as a private landlord, a Woodall home makes an excellent buy-to-let opportunity.

All of our schemes are built in desirable locations, and our houses prove to be just as attractive to tenants as they are to owner-occupiers. This results in good rental levels, which will deliver you a strong return on your capital.

As a landlord, you have the comfort of warranties covering both the structural aspects of the building and internal appliances. This means you can better estimate your rental income without the concern of potential significant repair costs.

We can help connect you with parties who have approached us to rent one of our homes or recommend suitable estate agents to help you let the property and achieve a good rental income.

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