Heylo Housing acquires over £9m of properties from Bovis Homes

Building upon its UK wide engagement and recent transactions with a growing number of National and Regional house builders, Heylo Housing (Heylo) has acquired over £9m of properties from Bovis Homes.

Nicholas McAlpine-Lee, CEO of Heylo said, “We are delighted to have concluded this transaction in less than a month demonstrating Heylo’s ability to deliver. We hope that these acquisitions will serve to build a wider relationship with Bovis Homes and other house builders in 2016 and beyond."

All of the properties will be made available on a shared ownership basis further enhancing the level of new affordable housing delivery in the UK.

Heylo has already acquired over 600 properties in more than 40 local authorities since it launched in September 2014 and is currently in contract with house builders across the UK to deliver significantly more affordable shared ownership housing over the next 12 months via Heylo’s Home Reach solution.