3 bedroom house to rent
£599
pcmBurton Close, Darwen, Lancashire
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Letting information:
Date available: NowFurnishing: Unfurnished
Deposit: £2995
First Listed on Rightmove: 01 February 2012 ( 119 days ago )
Full description:
** No DSS ** THIS HOME IS AVAILABLE UNDER OUR TENANT PURCHASE OPTION SOLUTION - OWN YOUR OWN HOME FOR SAME/LOWER PRICE AS RENTING IN THE AREA. PAY ONLY 2,995 DEPOSIT, & PAY NO STAMP DUTY OR LEGALS! Bring stability back to your life & stop throwing away money.
Tenant Purchase Option Solution - a fantastic opportunity for first time buyers!
Summary:
Market rental on this property is 599. Please read below how you can own this property and be paying down the mortgage each month (giving you future equity) for only an extra 96 per month!!
PLEASE NOTE: This solution is only available to working tenants with a good credit history. You must be in full time employment. No DSS please!
Your Purchase Price Now = 165,000
Mortgage Amount to Qualify for (90%) = 148,500
Your Estimated Monthly Payments = 695 (dependent on successful application)
You only need to contribute 2,995 towards the 16,500 deposit ? the rest is paid for you! The legal costs and 1% stamp duty are also paid on your behalf!
Description of this Home:
This beautifully presented, modern, 3 double bedroom, semi-detached home is situated in the popular Belgrave area of Darwen. The first floor contains two double bedrooms plus a family bathroom. There is a further master bedroom with en-suite on the second floor. The ground floor contains a lounge, kitchen and cloakroom. There is also a front garden, and an enclosed rear garden. There is parking for 2 cars. The property benefits from Gas Central Heating and Double Glazing.
How the Tenant Purchase Option Solution Helps You Into Your Own Home:
Since the credit crunch many working tenants (like you) would like to get onto the property ladder but don?t have the necessary deposit and costs required to buy their own home (approximately an average of 1 year?s salary or over 20,000 in most cases).
With the help of our newly launched Tenant Purchase Option, local house sellers and landlords (instead of reducing the price for a quick sale) can now help fund your deposit on the condition that it is paid back at a future date.
You will be the new legal owner, and absolutely no rent is payable to the seller for their deposit contribution. You just need to agree to pay the seller back at a point in the future (in 7 years time or before if you both agree to this). You can refinance or sell the house to pay them back.
Our in house legal team and panel of brokers will arrange the conveyance and finances on behalf of both you and the seller at absolutely no cost to you.
To Qualify for Our Help You Only Need to Satisfy these 3 Simple Criteria:
1. You must have a good credit history and sufficient income to be able to qualify for a 90% mortgage on the property (a mortgage of 148,500). As a rough rule of thumb you should be earning at least 25% of this amount i.e. 37,000 p.a. (please consider your partners income also as you may apply jointly).
2. You must have a family member who is a UK resident and is willing to assist you (note - there is absolutely no risk or cost to them for this assistance).
3. You must have access to 2,995 to contribute towards the deposit, and an additional approximately 300-400 in the eventuality that you are charged a valuation fee by the lender to value the property (some lenders do perform free valuations so you may not need to pay this).
The Next Steps for You to Take to Own this Home:
1. Contact us to arrange a viewing of the property. Let us know immediately after the viewing if you wish to proceed and purchase.
2. We will then get one of our mortgage brokers to contact you to obtain a mortgage promise (thus it is important you have a clean credit history and are employed). Our in house legal team will arrange the conveyance and purchase at no cost to you.
3. We will then arrange for legal completion - typically within only 4-6 weeks time.
4. You then move into your new home with the peace of mind and stability that comes with this.
Bathroom
Dining Room
Living Room
Master Bedroom
Tenant Purchase Option Solution - a fantastic opportunity for first time buyers!
Summary:
Market rental on this property is 599. Please read below how you can own this property and be paying down the mortgage each month (giving you future equity) for only an extra 96 per month!!
PLEASE NOTE: This solution is only available to working tenants with a good credit history. You must be in full time employment. No DSS please!
Your Purchase Price Now = 165,000
Mortgage Amount to Qualify for (90%) = 148,500
Your Estimated Monthly Payments = 695 (dependent on successful application)
You only need to contribute 2,995 towards the 16,500 deposit ? the rest is paid for you! The legal costs and 1% stamp duty are also paid on your behalf!
Description of this Home:
This beautifully presented, modern, 3 double bedroom, semi-detached home is situated in the popular Belgrave area of Darwen. The first floor contains two double bedrooms plus a family bathroom. There is a further master bedroom with en-suite on the second floor. The ground floor contains a lounge, kitchen and cloakroom. There is also a front garden, and an enclosed rear garden. There is parking for 2 cars. The property benefits from Gas Central Heating and Double Glazing.
How the Tenant Purchase Option Solution Helps You Into Your Own Home:
Since the credit crunch many working tenants (like you) would like to get onto the property ladder but don?t have the necessary deposit and costs required to buy their own home (approximately an average of 1 year?s salary or over 20,000 in most cases).
With the help of our newly launched Tenant Purchase Option, local house sellers and landlords (instead of reducing the price for a quick sale) can now help fund your deposit on the condition that it is paid back at a future date.
You will be the new legal owner, and absolutely no rent is payable to the seller for their deposit contribution. You just need to agree to pay the seller back at a point in the future (in 7 years time or before if you both agree to this). You can refinance or sell the house to pay them back.
Our in house legal team and panel of brokers will arrange the conveyance and finances on behalf of both you and the seller at absolutely no cost to you.
To Qualify for Our Help You Only Need to Satisfy these 3 Simple Criteria:
1. You must have a good credit history and sufficient income to be able to qualify for a 90% mortgage on the property (a mortgage of 148,500). As a rough rule of thumb you should be earning at least 25% of this amount i.e. 37,000 p.a. (please consider your partners income also as you may apply jointly).
2. You must have a family member who is a UK resident and is willing to assist you (note - there is absolutely no risk or cost to them for this assistance).
3. You must have access to 2,995 to contribute towards the deposit, and an additional approximately 300-400 in the eventuality that you are charged a valuation fee by the lender to value the property (some lenders do perform free valuations so you may not need to pay this).
The Next Steps for You to Take to Own this Home:
1. Contact us to arrange a viewing of the property. Let us know immediately after the viewing if you wish to proceed and purchase.
2. We will then get one of our mortgage brokers to contact you to obtain a mortgage promise (thus it is important you have a clean credit history and are employed). Our in house legal team will arrange the conveyance and purchase at no cost to you.
3. We will then arrange for legal completion - typically within only 4-6 weeks time.
4. You then move into your new home with the peace of mind and stability that comes with this.
Bathroom
Dining Room
Living Room
Master Bedroom
Street View
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