Property description
Rent to own
Fixed monthly payment: £1,305
Estimated amount towards your deposit after five years: £22,508*
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 - Terraced
Unfurnished
More features
No Deposit | Move in for Christmas | Rent to own | 10% towards your deposit after 5 years | 2 bedroom mid terrace home | Open-plan kitchen/dining/living room | Bathroom with modern fixtures and fittings | Convenient downstairs WC
More details
- Property type
- Houses - Terraced
- Size
- Not specified
- Monthly price
- £848
- Weekly price
- £196
- Available from
- Now
- Bedrooms
- 2
- Bathrooms
- 1
- Furnishing
- Unfurnished
Map
This listing is located at Greetwell Fields, Greetwell, Lincolnshire, LN2 4ZH, Lincoln.