Fixed monthly payment: £1,727
Estimated amount towards your deposit after five years: £29,807*
Property reference: The Carleton, Plot 886, Weldon Park, Weldon, NN17 3GW
About the home
The Carleton is a multi-purpose new home. It ticks the box for young professionals who want to set up a home office. It ticks the box for young families who want a grown-up retreat on the second floor. It ticks the box for first-time buyers who want an en suite spare room for friends and family to come and stay. This is a lovely flexible home.
How Deposit Bridge works
- Move in with just 1% of the property value upfront, with no additional fees or rental deposit
- Make fixed monthly payments for up to five years, with no increases while you live there
- Make the home your own, with the freedom to decorate, personalise the space and keep pets
- After five years, choose whether to buy the home. If you do, you’ll receive a 10% discount on its market value, which can be used towards your mortgage deposit**
- If you decide not to buy, you can move out and receive a cash payment of up to 7% of the home’s value***
*Based on house prices increasing by 4% pa. The actual amount will depend on its market value when you buy.
**Deposit Bridge is designed to be used with a concessionary mortgage. Mortgages are subject to availability, and the lender will determine the terms and eligibility. Wayhome does not provide financial or mortgage advice. You should seek independent financial advice before making any decisions.
***The amount you receive depends on when you move out and is subject to the terms of your agreements.
TypeTerraced house
Bedrooms3
Bathrooms2
HeatingAsk Agent
Location
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