A beautiful 2 Bed Apartment on the 5th Floor, overlooking the River Irwell in Salford. Conveniently located close to Manchester city centre, Salford Central and MediaCityUK makes this an attractive option for both renters and buyers.
Best Value Property: This development is located on the banks of River Irwell, comprising of a range of one, two and three luxury apartments. Designed to exceed all expectations, ultimately enhancing the lifestyles of its residents. DOWN8
It's a loan that's linked to the rise and fall in the value of your home. If you take a 20% equity loan for example, the amount you owe will always represent 20% of the property's value.
You won't be charged loan fees on the equity loan for the first five years of owning your home.
After five years you will be required to pay an interest fee of 1.75% of the amount of your Help to Buy shared equity loan at the time you purchased your property, rising each year after that by the increase (if any) in the Retail Prices Index (RPI) plus 1%.
The loan itself is repayable after 25 years or on the sale of the property if earlier.