Available

£449,995

Austin Heights | Home 407 - The Skylark, B31 2GY
Share 100% / Full price £449,995 / Deposit £0

House
4 bedrooms
Not specified
Pets allowed

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Summary

Rent now, choose to buy later with 10% off to help with your deposit

Eligibility

Financial criteria:

Minimum household income of £99,000 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.

Description

Home 407 - The Skylark.

The Skylark is a stylish four bedroom family home.

On entering the ground floor, you will find a spacious living room off the hallway. Further down the hall you will enter the kitchen and dining area, which is awash with natural light flooding through beautiful French doors which lead out to the garden. The ground floor also comes complete with a downstairs WC, a useful utility and integral garage.

Up the stairs, the spacious master bedroom features an en-suite whilst another three well-appointed bedrooms complete this floor alongside a family bathroom.

Home 407 includes an integrated garage and two parking spaces.

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.

Description

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Key features

Material information

Brochure
Local area information
Stations
Showing nearest stations
  • Longbridge Rail Station (0.6km)
  • Northfield Rail Station (2.3km)
  • Barnt Green Rail Station (3.5km)
  • Kings Norton Rail Station (4.5km)
  • Alvechurch Rail Station (5.3km)
  • Bournville Rail Station (5.7km)
  • Selly Oak Rail Station (6.5km)
  • University Rail Station (7.4km)
  • Wythall Rail Station (8.4km)
  • Earlswood (West Midlands) Rail Station (9.0km)
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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Monthly cost calculator
£449,995 Deposit Bridge Full price £449,995
Estimated monthly cost £3,172
£

How is this calculated?

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