Property description
Fixed monthly payment: £1,657
Estimated amount towards your deposit after five years: £28,591*
Property reference: The Alnmouth, Plot 105, The Willows (East Midlands), Downham Market, Norfolk, PE38 9QY
About the home
The Alnmouth is a great first home if you’re stepping onto the property ladder. Make your mark on the open-plan living space and create a welcoming new home to come back to after a busy day. One of the bedrooms has all the storage space you’ll need for your wardrobe and the other can easily double-up as a home office or guest room.
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.
Key features
2 Bedrooms
1 Bathroom
Houses - Semi-Detached
Unfurnished
More features
No deposit | Allocated parking | 10% towards your buying deposit after 5 years (est. £28,591) | Move in asap | Rent to own | Fixed rent for 5 years
More details
- Property type
- Houses - Semi-Detached
- Size
- Not specified
- Monthly price
- £1077
- Weekly price
- £249
- Available from
- Now
- Bedrooms
- 2
- Bathrooms
- 1
- Furnishing
- Unfurnished
Map
This listing is located at The Alnmouth, Broomhill, Downham Market, Norfolk, PE38 9QY, Downham Market.