Available Properties

Rent to HomeBuy

Rent to HomeBuy is a new Government initiative that is often referred to as "try before you buy".
 
North Hertfordshire Homes (NHH) would grant an Assured Shorthold tenancy for a maximum period of 5 years, on a lower than average market rent, after one year and 1 day tenancy, if you wish to do so you may apply to purchase a share of the property, on a New Build Home buy shared ownership lease.
 
You are able to choose to purchase any share between 25-40%, or if you prefer you may also continue to rent the property for the full period of 5 years at the same lower than local market rent.
 
The scheme is designed to help potential purchasers save for a deposit in order to allow them if they wish to do so to progress to shared ownership.
NHH is pleased to present new Rent to HomeBuy homes in the following areas:

West Hall, Napsbury Park, St Albans, AL2  

 

NHH have recently purchased 12 one bed flats and one 2 bed flat in St Albans. These are located in a quiet position on the exclusive Napsbury Park development, set within stunning Hertfordshire countryside. 
 
The 13 flats are in West Hall, which is situated on the edge of the development and overlooks extensive open parkland. West Hall is a beautifully renovated Victorian building which has been completed to an excellent standard throughout. 
 
 
 
The access to the building is via a video security system which provides a high level of security for each resident. There is parking directly in front of block. 
 
The communal areas are immaculately presented and there is a lift accessing the higher floor levels, residents also have access to the extensive rear garden.
 
  
 
The flats offer excellent accommodation throughout and are beautifully decorated. They benefit from high ceilings and large windows. 
 
The kitchen, living room and hallway all have high quality laminate floors.  The bedroom is carpeted and has built in wardrobes. The bathroom is fully tiled and has a built in shower. The fully fitted kitchen includes a fridge freezer, cooker, hob, extractor hood and washing machine.
 
The property is located close to public transport facilities offering easy access into St. Albans, London Colney and Radlett.

Rental levels for West Hall

  • 1 bedroom apartment £640.00 per calendar month; + approximately  £60.00 monthly service charge
  • 2 bedroom apartment £780.00 per calendar month; + approximately £60.00 monthly service charge

    Eligibility Criteria for Rent to HomeBuy

    • Maximum Housing income must not exceed £60,000.00
    • Applicants should be either:

      • Current social housing tenants (either Council or Housing Association).

      • Registered on the local council waiting list.

      • Government defined key workers

      • Other first time buyers unable to purchase without assistance

      • Previous Home Owners going through a relationship breakdown where the property is being sold or transferred to release equity  

    Enquiries

    If you are interested in Rent to HomeBuy at this or any of our other developments please contact the North Hertfordshire Homes Home Ownership Team for further information and an application form:

    Tel: 01462 633277

    Email: homeownership@nhh.org.uk