City Centre Investment Property Available: Off plan apartmentavailable in a popular area of Manchester. Learn more about this buy-to-let opportunity, which will earn you from £7,200 annual rental income. EAST11
X1 Manchester Waters is a popular canalside development which is perfect for any property investor. These off-plan waterfront studio apartments are close to the city centre and availability is extremely limited!
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.