Manchester property for sale / flats for sale / houses for sale
Buy Your Own home for only £1,995 deposit down (£110,000)
Please read the full details before calling on 07973832799
Move in to your new home within 7 days!
Move in Now and Buy Later with our 'Rent to Buy' Scheme:
Are you fed up with paying rent to your landlord with no prospect of ever owning the property that you’re renting? Do you want to get on the housing ladder but can't get a mortgage or don’t have a big deposit? No problem! Our Rent to Buy Scheme is the answer…..
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This is how it works:
The purchase price is £110,000
Minimum deposit required of £1,995
The normal rent is £450 per month.
You will pay a minimum of £550 per month. Of this amount that you pay each month £450 is your rent, £100 goes towards your deposit to buy the property in the future.
Every month we will add £100 per month towards your deposit.
End of year one
£110,000
-£1,995 deposit paid
-£1,200 (extra you have paid i.e £100*12)
-£1,200 (extra we have paid towards your deposit on your behalf i.e £100*12)
At the end of year one you would owe £105,605
At the end of year two you would owe £103,205
At the end of year three you would owe £100,805
At the end of year four you would owe £98,405
At the end of year five you would owe £96,005
During that time you have saved up a deposit of £12,000 (10.9%)
Any improvements you make to the property you get the benefit.
If the value of the property has increased you also get the benefit.
The more you pay the quicker and bigger your deposit.
No mortgage is required until you buy in 2014. (but you can buy at any time)
Price growth and rent deposit payments provide your deposit.
The purchase price is fixed at the outset. You gain from any price growth!
Redecorate, carry out home DIY - YOU benefit from any added value by enhancing YOUR home
This is not a shared ownership or Housing Association scheme
You can move into your new home in as little as 7 days!
Law Society approved solicitor contracts.
We can help you get advice on your mortgage in 2014, or sooner, with your deposit fund.
Move in, and buy later - or walk away! You do not have to buy if you change your mind.
Perfect if you are either;
- A first time buyer struggling to get onto the housing market
- Struggling to raise a large deposit
- Currently renting but want to own your own home
- Have impaired credit and can't raise finance
- Have recently moved to the UK
No mortgage is required whilst renting/buying
Contact details
- Email: Click here to reply to this ad
- Phone: on 07973832799
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