Member Article

Dunelm Homes to show new side to buying with Property Leaseback Scheme

North East homebuilder, Dunelm Homes has launched an innovative sale and leaseback scheme across their North East developments, offering guaranteed rental income for residential homeowners up and down the region.

The leaseback scheme, available only on the purchase of a Dunelm Homes showhome, further highlights the homebuilders commitment to offering flexible and attractive buying options to bolster the number of homeowners in the region.

Dunelm Homes launched the scheme to create a new buying and investment option for individuals looking for a short-term return on their residential property. Under the scheme, buyers purchasing a showhome can rent the property back to Dunelm Homes for the length of the development. The scheme allows Dunelm Homes to ensure the availability of showhomes to interested buyers, whilst also retaining the ability to use the properties to market the wider properties available.

The leaseback scheme is a unique opportunity, offering both the chance to purchase a brand new showhome but also generate rental income from the property direct from Dunelm Homes for the duration of the construction schedule.

Colin Willetts, sales and marketing director at Dunelm Homes said: “Showhomes are typically one of the first homes constructed on any housing development to act as the main ‘shop window’ for properties available to purchase. As such, they tend to be in quite high demand and we wanted to look at ways to retain the value of showhomes as a valuable marketing tool whilst also offering a way for buyers to benefit from a short-term property investment opportunity.”

“The new build property market has enjoyed a buoyant few months, with the government supported Help to Buy scheme offering buyers of varying circumstances greater opportunities to move onto and up the housing ladder against a background of more stringent mortgage lending.

“Our newly launched leaseback scheme for showhomes will add to this offering. The scheme has been expressly introduced to offer investment potential to buyers as guaranteed income of between £525 to £850 per month, whilst also widening the choice of homes available for buyers to purchase across our sites in locations such as Blyth, Spennymoor and Stanley.”

The showhomes will be sold without furniture and decoration but will be ready to move into with carpets and additional appliances for buyers.

Colin adds: “The property market is showing very positive signs at present and creating buying options to support our customers with guaranteed rental income is a unique proposition in the market. We expect strong early demand in the leaseback scheme but will be looking at how we can extend our range of buying schemes into other areas in the future.”

For further information about the showhome leaseback scheme please visit www.dunelmhomes.co.uk or alternatively call the sales team on 01325 379 351.

This was posted in Bdaily's Members' News section by Colin Willetts .