1/11
£400,000
Rent now, choose to buy later with 10% off to help with your deposit
Financial criteria:
Minimum household income of £88,000 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 MacArthur - a superb 4-bedroom property set over two storeys offers space to make your own.
Enter through the hallway, and you’ll find a downstairs cloakroom, staircase, and handy store cupboard. The good-sized living room is to the front of the home, with an open-plan kitchen and dining area to the rear, running the entire width of this stunning property.
Glazed double doors lead from the kitchen/dining area out to the rear garden, creating seamlessness between interior and exterior spaces, filling the house with fresh air and meaning al fresco summer dining couldn’t be easier.
On the first floor, four bedrooms are set around a central landing space. The master bedroom has access to its own en-suite shower room and there’s also a sparkling new family bathroom with a bathtub made for relaxation.
In addition to the rear garden, outside you will find your very own single detached garage and driveway with 2 parking spaces.
Two floors, four bedrooms, three bathrooms: The MacArthur
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)
