37 Waterloo Lane, Bramley, LS13 2JB
  
  
Rent now, buy later.
Move into this house without getting a mortgage. With a £2,800 deposit you could be in within a week!
This is how it works
The purchase price is £139,950 and is fixed for 3 years.
You’ll need to pay a minimum deposit of £2,800 which goes towards your purchase
In Year One:
The normal rent is £550 per month for the first year.
Each month you pay an additional £110 “top up” towards your deposit.
In total you pay £660 per month.
For the first year we’ll we match your “top up” of £110 each month which again goes towards your deposit.
So at the end of year one
Purchase price of £139,950
- £2,800 deposit paid
- £1,320 (extra top up you have paid)
- £1,320 (extra top up we have paid)
At the end of year one you will owe £134,510
At the end of year two you will owe £133,118
At the end of year three you will owe £131,666
During that time you have saved up a deposit of £8,284 (6%)
Any improvements you make to the property you get the benefit.
If the value of the property has increased you also get the benefit.
Now let’s have a look if you pay a bigger deposit and £50 more per month.
£139,950
- £4,000 deposit paid
- £1,920 (extra top up you have paid)
- £1,920 (extra top up we have paid)
At the end of year one you will owe £132,110
At the end of year two you will owe £130,094
At the end of year three you will owe £127,977
During that time you have saved up a deposit of £11,972 (8.6%)
The more you pay the quicker and bigger your deposit grows.
No mortgage is required until you buy in 2013 (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!
Legally approved solicitor contracts.
We can help you get advice on your mortgage in 2011, 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
About the house:
This large three bedroom semi-detached house is situated within this popular residential location with easy access to Bramley town centre, bus and train stations, the Ring Road network and local amenities and schools.
It comprises entrance porch, hallway, two large reception rooms, fitted kitchen, downstairs wet room, three bedrooms, house bathroom, gardens to front and rear, driveway and a garage.
Ground Floor
Entrance Porch
Front entrance door and a window to the side elevation.
Hallway
Via front entrance door with stairs leading to the first floor.
Lounge 12' 7” x 9' 10” (3.83m x 3.00m)
Fireplace with an electric fire inset, radiator and bay window to the front elevation.
Dining Living Room 20' x 9' (6.10m x 2.75m)
Radiator and window to the rear elevation.
Kitchen 13' 7” x 6'5” (4.14m x 1.95m)
Fitted kitchen with a range of wall and base units and complementary work surfaces, incorporating a sink and drainer unit, integral oven, hob and extractor, with two windows and door to the side elevation.
Wet Room
Tiled throughout with three piece suite comprising WC, wash basin, electric shower and window to the rear elevation.
First Floor
Landing
Window to the side elevation and access to the loft.
Bedroom One 11' 5” x 10' 1” (3.48m x 3.07m)
Fitted wardrobes, radiator and window to the front elevation.
Bedroom Two 10' 7” x 10' 2” (3.23m x 3.10m)
Radiator and window to the rear elevation.
Bedroom Three 8' 4” x 5' 6” (2.53m x 1.68m)
Radiator and window to the front elevation.
Bathroom
With three piece suite comprising WC, basin, panelled bath, partly tiled walls, towel radiator and window to the rear elevation.
Outside
Paved gardens to the front and rear of the property, with drive to the side leading to a single garage.
For more details contact us
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