Save up to £235 per month
You could save £235.00 per month by owning apartment 113 at The Winerack rather than renting.
With 2 bedrooms, 2 bathrooms and juliette balcony off the spacious open plan living area, this brand new luxury apartment at 865 sq. ft. could be yours for as little as £865 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 113
Purchase price £285,000
Deposit Required £14,250
(from personal sources or family gift also acceptable)
Monthly Mortgage Payment £865 pm
Rental valuation £1100 pm
No stamp duty to pay at anytime under £300,000 for first time buyers
Based upon Barclays 3.35% 2yr fixed rate, 35yr mortgage term. Subject to qualifying criteria. Rates correct as of 10.8.22 – using Government Help to Buy scheme 20%
Monthly payments based upon Barclays JP07 Help to Buy Direct 2 Year Fixed 61 monthly payments at a fixed rate of 3.35% until 30/11/2024 then Standard Variable Rate (Currently 5.24%) mortgage. The APRC applicable to your loan is 5.05%. 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 10.8.22. 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.