From £108,000 with shared equity
The McFarlane is a two-bedroom ground floor apartment in the new town of Chapelton and features a modern country charm with a range of desirable period features.
The stylish open-plan kitchen/dining/living room is the perfect space to relax and unwind. Both bedrooms are generous doubles with fitted wardrobes and there's a modern family bathroom.
With this home, you can purchase under Shared Equity meaning you could buy for less!
It’s not always possible to afford the full purchase price of your new home straight away, so Shared Equity is available to give a helping hand.
Terms and Conditions: Dependant on income, circumstances, and rates. Based on a monthly commitment with a mortgage. Applicable on Cottage Flats at Chapleton. Information correct as of 15/04/2021. Indicative costs - rates are subject to change. All loans are subject to credit approval and can vary upon credit score and loan to value. Your home may be repossessed if you do not keep up repayments on your mortgage. For illustration purposes only. Purchase price £180,000. 60% equity share £108,000. 5% deposit of share £5,400. 35-year mortgage term. Mortgage amount £102,600. This is a fixed mortgage term with monthly payment of £347.29 and initial interest rate of 2.14%. Months on borrowing rate: 26 months. Standard Variable Rate (SVR) costs: Monthly payment £491.74. Interest rate 5.29%. Months on this SVR rate 334. APRC 4.5%. Total amount payable £216,274.11. Additional fees may apply. Lender: Leeds Building Society