£5k Deposit and £125 to £325 per week buys you my house worth £70,000

• £5,000
• Location: 

  Chester Le Street, Sunderland

• Posted: 06/10/2009 15:03

A TERRACED, UNFURNISHED, FAMILY HOUSE LOCATED WITHIN A SHORT WALK OF A GOOD RANGE OF SHOPS AND FACILITIES SERVING GRANGE VILLA'S FRIENDLY COMMUNITY.

ACCOMMODATION COMPRISES: ENTRANCE HALL, , , LIVING ROOM / DINING ROOM, KITCHEN, 2 BEDROOMS, FAMILY BATHROOM, EXTENSIVE OFF ROAD PARKING, SUNNY ASPECT REAR YARD, GAS CH.

Buying Your Home with £5000 Deposit and between £125-£325 per week only.

þ You Don't Need a Mortgage to Start

When you make your deposit payment, you get the keys, and paperwork which locks me in to our agreement. I can't go back on that. I must sell.

It's a bit like buying a car on installments, or buying stuff from a catalogue. You make the monthly payments, and at the end you own fully. In the meantime you get to make the house the home you've always wanted.

If you want to add value to the property by improving it, that's fine by me.


þ You Can Move in Fast

The whole process is really simple. You won't have to wait for a mortgage offer. You can be settled in your new home within days or weeks, not months! .We like to do the legal bits through solicitors, but the ones we use are familiar with this kind of purchase and very efficient.







þ Time to Iron out Wrinkles in your Credit Rating

There are loads of reasons why someone might have a blip on their credit report. The sad thing is, it often isn't even your fault! But it can stop them getting the best deals the market can offer. You have plenty of time to get it sorted!

It might just be that you've not been in the UK too long, and before you can get a mortgage need to develop a history. Or being self-employed it's difficult to prove a decent income. Well this is the perfect opportunity to overcome all that!



So What Do I Do Next?

1. Let me know what you like about this way of owning your own home.

2. We'll show you the house in question. If you like it, you'll get some simple forms to fill in and pay a non refundable administration fee £500.

4. Once your documents are ready, we'll give you them to sign.

5. When you've signed, we will take your deposit (£10,000) and give you the keys.

6. You're in! Now you're buying your house without wasting any money on rent.








So What's in it For You?



þ You can stop wasting money on rent

þ Your home builds you a good sum of equity (your cash bit in the house), which puts you in a position of power when looking for a remortgage. You get the best rates with the decent lenders and can cash out once you own this property by making all the payments .

þ When house prices are rising, your equity grows fast.

þ Improve your quality of life by moving into a house you couldn't afford otherwise.

þ From day one you can start to make the house your home.

þ You've got time to sort your credit rating .

þ This is not shared equity and it's not part ownership. You get to keep the whole thing.



What's in it For Me?

þ I get the satisfaction of knowing I helped someone own their own home.




I hope this information has been useful.

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Location map: Chester Le Street, Sunderland