We have a fantastic range of three-bedroom homes at Rowett South that are available to purchase on the Shared Equity scheme. Using this scheme means you can move into your brand-new home from as little as £90 per week!*
Shared Equity means you could own 100% of a new home and pay less with an interest-free loan that makes up the difference.
Places for People is working in partnership with the Scottish Government offer shared equity schemes on over 10 developments across the country.
All of our homes are available for immediate occupancy so you could move in for Christmas!
Get in touch to find out more:
*Terms and conditions apply. Move in from £90 per week is based on House Type C, our three-bedroom home and is based on the following costs: Purchase Price of £225,000, with 60% Shared Equity share of £135,000. Total mortgage loan amount is £128,250 over a 35 year term, with a fixed product rate of 1.38% for 25 months. This equates to a monthly mortgage repayment of £385.19. Per week this is £88.89 based on 12 monthly mortgage repayments. £999 arrangement fee applies. After the two-year fixed rate has expired and the client does not remortgage, they will move onto the lender’s Standard Variable Rate (SVR) of 3.59% increasing the monthly remortgage repayment to £527.87. Per week this is £121.81 meaning the customer will no longer benefit from ‘Move in from £90 per week’. All information is correct as of 12/11/2020. Rates are from Halifax and are subject to change. There is no guarantee your weekly mortgage amount will be £88.89 for your full mortgage term (ie: 35 years). Please note: This is not a weekly payment and must be paid each month on time. Your home may be repossessed if you do not keep up monthly repayments on your mortgage.
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