Special Offers
Coming Soon, 'The Vibe'. An exclusive development of 152 luxury apartments.
- Balcony Views
- Secure Parking
- Exclusive Private Garden
Call now to register your interest on 0161 792 6447
We can help you get onto the property ladder.
Countryside Properties have teamed up with English Partnerships to offer the First Time Buyer Initiative (FTBI) at New Broughton Quarter.
Are you a first time buyer, key worker or on a housing association waiting list and able to pay a 5% equity deposit? If so, this initiative enables you to contribute a minimum of 50% towards the purchase price of a new home. Unlike other schemes you pay no rent for 3 years on the government assistance provided for the other percentage of the home.*
Call us now for details on how to qualify - 0161 792 6447
Disclaimer: Price of 1 bed apartment is £104,950 which would require a minimum contribution of £52,475. Reduced purchase price based on the maximum assistance a qualifying buyer could secure from the First Time Buyers Initiative (FTBI). 50% is the maximum government contribution. Some eligible buyers will qualify for lower levels of assistance. Eligibility conditions apply. When owners sell their FTBI home, they will repay the government's contribution by way of a share of the future sale proceeds. This represents a 95% mortgage of the 50% contribution with a total borrowing of £49,851 over a 25 year term on a capital and interest repayment mortgage. The total of all fees payable in arranging this mortgage would be £819.00. The monthly payment after 02/02/2010 would revert to £378.92. The total cost of the mortgage assuming the current interest rates do not alter and that the mortgage runs the full course of 25 years would be £113,083.30. There is an early repayment charge if the mortgage is repaid before 02/02/2010.The maximum early repayment charge would be £1,538.69. Please note that this product may not be available to all applicants and is subject to status. Typical 6% APR on the government contribution. £500 reservation fee payable on reservation. Your home may be repossessed if you do not keep up payments on a mortgage or any other debt secured on it. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.