Property description
Fixed monthly payment: £1,410
Estimated amount towards your deposit after five years: £24,332*
Property reference: The Alnwick, Plot 351, Summerhill Park, Maghull, L31 3DS
About the home
This new home gives you the option of two flexible living spaces, one of which opens straight out onto the garden. The Alnwick has been designed with easy living in mind, for first-time buyers, young professionals, and downsizers who want the tradition of a separate living room, and a second bedroom for family and friends.
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 | Allocated parking | 10% towards your buying deposit after 5 years (est. £24,332) | Move in asap | Rent to own | Fixed rent for 5 years
More details
- Property type
- Houses - Terraced
- Size
- Not specified
- Monthly price
- £917
- Weekly price
- £212
- Available from
- Now
- Bedrooms
- 2
- Bathrooms
- 1
- Furnishing
- Unfurnished
Map
This listing is located at The Alnwick, Poverty Lane, Liverpool, L31 3DS, Liverpool.