£465,000
Rent now, choose to buy later with 10% off to help with your deposit
Financial criteria:
Minimum household income of £103,000 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 Spruce is a beautifully appointed, double-fronted, contemporary 3-bedroom property, set across two storeys. Full of charm, flooded with light, it’s a perfect home to make your own.
Enter into the hallway space, with a large living room and an open-plan kitchen. The dual-aspect living room is an elegant space, while the kitchen-diner serves as the buzzing heart of the house, with double doors leading out to the garden. Also, on the ground floor is a convenient cloakroom, store cupboard and additional utility room, located at the rear of the house.
Move on up the staircase to the first floor, and find three generous-sized, bright bedrooms. The master bedroom has access to its own ensuite shower room and dressing area, and there’s also a family bathroom. All the rooms are thoughtfully proportioned, spread around a rear landing that provides access to the loft.
This brand new home also comes with allocated parking.
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.
- Crowborough Rail Station (1.0km)
- Eridge Rail Station (5.6km)
- Eridge (Spa Valley Railway) (5.6km)
- Buxted Rail Station (6.5km)
- Groombridge (Spa Valley Railway) (7.9km)
- High Rocks (Spa Valley Railway) (9.6km)
- Uckfield Rail Station (9.8km)
- Ashurst (Kent) Rail Station (9.9km)
- Wadhurst Rail Station (10.2km)
- Tunbridge Wells West (Spa Valley Railway) (10.6km)