1/9
£350,000
Rent now, choose to buy later with 10% off to help with your deposit
Financial criteria:
Minimum household income of £77,000 p/a *
* This is pre-tax
You also need to:
- be between 18 and 55 years old
- have the legal right to rent in the UK
- have no unspent criminal convictions
- (if you’re self employed), have a minimum 1 year’s worth of tax returns including the current tax year
If you’ll be living with a partner, you’ll need to include them on your application.
If you own another home your Deposit Bridge home must be your primary residence.
If your name is still on the mortgage for another property, for example a former family home after a separation, we may still be able to help on a case-by-case basis.
The Fiennes II, is a spacious 2.5-storey, three-bedroom house, at 1057 square feet it offers comfort, value with a cloakroom or bathroom on every floor.
Enter on the ground floor and find the hallway, leading into the living room. As you move on through the home you will find an open-plan kitchen/dining area. In addition there is an under stairs storage cupboard, staircase leading to the first floor, and downstairs cloakroom. Glazed patio doors lead out from the kitchen/dining area to a rear garden, drawing summer sunshine or soft winter light into the house.
Moving upstairs, you’ll find two good sized bedrooms and a family bathroom and staircase that leads up to your master bedroom. The master bedroom itself is impressively sized and beautifully appointed, complete with its own en-suite shower room, dressing area and access to the loft.
Outside, you have your own private driveway with parking for two cars and a single garage
Deposit Bridge is a brand new rent-to-own product that lets you move into a new-build home now, with the option to buy it later at a 10% discount which could replace the deposit you’d need for a mortgage. Rent now with more to show for it later.
How Deposit Bridge works:
- Move in with just 1% of the property value upfront to secure your right to buy, with no fees or traditional rental deposit required
- For the next 5 years, rent this home with fixed monthly payments - no increases for as long as you live there!
- Make the home yours, with the freedom to decorate, personalise the space and keep pets*
- After five years, choose whether to buy the home and receive a 10% discount to the home’s market value if you buy, replacing the mortgage deposit you would otherwise need to save**
- If you decide the home is not right for you, move on and receive a cash payment of up to 7% of the home’s value*
* Subject to the terms of your agreements
** Mortgages are subject to availability, with terms and eligibility determined by the lender. Wayhome doesn’t provide financial or mortgage advice, you should seek independent financial advice before making any decisions.
- Kidderminster Rail Station (2.6km)
- Blakedown Rail Station (3.0km)
- Hagley Rail Station (5.4km)
- Stourbridge Junction Rail Station (7.5km)
- Stourbridge Junction Rail Station (7.5km)
- Stourbridge Town Rail Station (7.7km)
- Hartlebury Rail Station (7.9km)
- Lye (West Midlands) Rail Station (9.4km)
- Cradley Heath Rail Station (11.4km)
- Old Hill Rail Station (13.3km)
