Save £420 per month
You could save £420.00 per month by owning apartment 82 at The Winerack rather than renting.
With 2 bedrooms, 2 bathrooms and large south facing balcony off the spacious open plan living area, this brand new luxury apartment at 809 sq. ft. could be yours for as little as £830 per month. When you compare this to the average cost of rental properties in Ipswich at £1,125 per month [source: home.co.uk], now is a great time to be looking at moving from renting to buying. See example below for details:
Apartment 82
Purchase price £300,000
Deposit Required £15,000
(from personal sources or family gift also acceptable)
Monthly Mortgage Payment £830 pm
Rental valuation £1250 pm
No stamp duty to pay at anytime under £300,000 for first time buyers
Based upon Skipton 2.68% 5yr fixed rate, 35yr mortgage term. Subject to qualifying criteria. Rates correct as of 8.6.22 – using Government Help to Buy scheme 20%
Monthly payments based upon Skipton HB432 Help to Buy Direct 5 Year Fixed 61 monthly payments at a fixed rate of 2.68% until 31/10/2027 then Standard Variable Rate 4.89% mortgage. The APRC applicable to your loan is 4.26%. This would be a mortgage loan for a property purchase. Repayment Method: Capital repayment – Mortgage term total 35yrs. Subject to qualifying criteria – rates correct as of 8.6.22. Figures based upon using Government Help to Buy scheme 20% https://www.helptobuy.gov.uk/equity-loan/equity-loans ‘As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments’.
One parking space included. Service and estate charges apply. Contact us for details.