Bull Street

A selection of two and three bedroom homes available with Rent to Buy.

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£650.42 per month per month

Available properties

Two and three bedroom homes available with Rent to Buy.
  • 10 year build warranty
  • Amenities Nearby
  • Countryside Location
  • First Phase
  • Schools Nearby
  • Transport links
  • Viewings Available

The development

Whatever your reasons for moving home, Bull Street offers a broad range of home sizes to suit every home buyer’s needs. 

Bull Street is located in Dudley, the second largest town in the United Kingdom, and in the heart of the West Midlands. The town has everything you need to live comfortably with convenient connections to major cities.

 

 

Dudley Local Area

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Development Brochure

Carefully designed

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Internal CGI - Bathroom

Made with you in mind

Site plan

Status

Available

Sold/Reserved

Coming soon

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Local Area Information

With a handful of schools close by, some of which are a 10 minute walk away from the Bull Street development. Including Blowers Green Primary School and Pegasus Academy, both rated 'Outstanding' by OFSTED, you can ensure your family attend quality schools whilst gaining some time back from the school run in the morning. 

Located in the heart of the West Midlands, Dudley offers transport links in every direction. With only 10 miles to travel until you reach Birmingham city centre, the option to travel into the second largest city in Britain is handy for leisure or work purposes. The town of Dudley offers plenty of bus routes as well as being within easy reach of the M5.

Within the bustling town of Dudley, there are plenty of amenities to choose from. From pubs, restaurants and bars, Dudley has it all. Less than 3 miles away from the Bull Street development is Merry Hill, a renowned shopping centre offering a variety of high street shops and supermarkets. As well as the option to enjoy a game at Hollywood Bowl, or watch the latest film at the Odeon cinema. 

Struggling to Save for a Deposit?

Read our top tips on how to save for a house deposit so you can achieve your dream of owning your own home. 

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Available properties

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Next Steps

1

Information

For further information, please download our brochure.

2

Apply now

Please make an enquiry to contact Platform Home Ownership, the relevant sales consultant will then send you an application form to complete.

3

Supporting documents

Send your application form, ID, 3 months bank statements and pay slips (or P60) to sales@platformhg.com.

4

Availability

Once you have passed the credit reference check carried out by a third party letting agent, we will send you an offer letter to confirm your plot.

5

Options Agreement

We will ask you to sign an Options Agreement to confirm your intention to save a deposit and purchase your home when financially possible.

Frequently asked questions

The costs involved in a Rent to Buy scheme are similar to that of the traditional letting process. The upfront costs are as follows:

Deposit: You will have to pay the equivalent of five weeks rent as a deposit, which is then held in the Deposit Protection Scheme (DPS).

Rent: You will have to pay the rent for the remainder of the month from the start of your tenancy sign-up date, alongside one month’s rent in advance.

You may have to pay a reservation fee to reserve your property but this is typically deducted from the first month’s rent.

During your tenancy, you’re responsible for all of the utility bills associated with the property while you’re a tenant. This is generally council tax, water, gas, electricity and internet.

When you formally purchase the property as part of the Rent to Buy scheme, you’ll also take on the usual costs associated with purchasing a property - such as Stamp Duty, conveyancing fees, valuation fees and any administration costs such as the mortgage application.

The answer to this question depends on your own individual circumstances but if you have a good credit score and reliable income each year, Rent to Buy is a practical way of getting on the property ladder if you cannot save enough for a deposit.

The most important consideration is your personal timeline. While five years may be plenty of time for you to save, house prices could rise during that period which means you pay more. If you buy sooner, however, you have less time to take advantage of the discounted rental rate and build up your deposit.

You also have to consider availability. The availability of Rent to Buy properties depends on the local authority or housing association you’re working with. While the scheme offers many benefits, you may not have the same amount of choice as you usually would in the open market.

If you do find a suitable property, make sure that you’re truly happy with it if you’re considering Rent to Buy. This is a scheme designed for the long-term and if you compromise on area or size, you risk the success of your Rent to Buy agreement if you quickly outgrow it.

If an existing homeowner is experiencing exceptional circumstances - such as the breakdown of a relationship - then they’re eligible for the Rent to Buy scheme. In these exceptional instances, it’s down to the homeowner to demonstrate they're unable to purchase a home on the open market and require the support of Rent to Buy.

This depends on the scheme but generally, while you’re renting, repairs are taken care of by the housing association. It’s your responsibility, however, to keep the property in good order, ensure the property is well-maintained and the garden is cared for.

While you’re in the Rent to Buy agreement, any service charge is included in the rent. Once you purchase the property, however, you may have to pay a service charge which is discussed with you prior to the purchase.

The typical tenancy agreement that you will see on a Rent to Buy property is an Assured Shorthold Tenancy, which runs on a periodic basis.