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shared equity
‘I want to buy but I’m not sure I can afford to. What if I’m not able to make the full commitment?’
Don’t worry – we’ve come up with a way to help you out. Just under a third of the apartments at The Hub will be shared equity homes and you can secure one with a deposit of just £1,000! This is a discounted reservation fee with £500 upfront and a further £500 payable on exchange of contracts.
‘What exactly is shared equity?’
It’s a scheme that enables owner-occupiers to purchase 80-85% of their home. After a year of living in the apartment you have the option to buy the remaining share or simply carry on as before. Apartment prices at The Hub start at £124,500 for a studio - equating to £99,600 under the shared equity scheme.
‘I’m definitely interested but I've got a few mortgage queries. Have you got anyone who could give me some guidance?’
We certainly have. Savills Private Finance is on hand to provide advice and answer any borrowing and mortgage questions you may have. Just contact our Marketing Suite on 0161 236 0606 or manchester@savills.com to make an appointment.
Don’t worry – we’ve come up with a way to help you out. Just under a third of the apartments at The Hub will be shared equity homes and you can secure one with a deposit of just £1,000! This is a discounted reservation fee with £500 upfront and a further £500 payable on exchange of contracts.
‘What exactly is shared equity?’
It’s a scheme that enables owner-occupiers to purchase 80-85% of their home. After a year of living in the apartment you have the option to buy the remaining share or simply carry on as before. Apartment prices at The Hub start at £124,500 for a studio - equating to £99,600 under the shared equity scheme.
‘I’m definitely interested but I've got a few mortgage queries. Have you got anyone who could give me some guidance?’
We certainly have. Savills Private Finance is on hand to provide advice and answer any borrowing and mortgage questions you may have. Just contact our Marketing Suite on 0161 236 0606 or manchester@savills.com to make an appointment.