3 Bedroom Semi-Detached House (Now Let)
1 Listowel Crescent, Nottingham, Nottinghamshire
You don't need a big deposit to become a HOME OWNER! You just need to redecorate and give
this nice house some TLC to make it into a lovely family home.
Those new in the UK
Those with poor credit score
Those short on the deposit
Large Garden on 3 sides as it's a corner plot, opposite a green
Off Road Parking
Large Living Room
Very handy for shops, bus routes, main road into the city and M1.
HOW IT WORKS:
1. You need to make an initial non-refundable application fee of £200 to get
the ball rolling.
2. You need to have rental checks done as normal by an agent - £150.
3. Once the checks have come back, you need to make an initial deposit towards buying the
house, of £3000, or more if you wish.
4. You need to make payments of £650 per calendar month. £450 of this payment is the
monthly rent and the rest goes towards buying a bit more of your new home every month,
similar to a standard mortgage.
5. You don’t need a mortgage, as the owner’s finances are in place. It works just like a
standard mortgage, but there is no bank involved at this stage.
6. The purchase uses a standard legal document that goes between the buyer's and seller's
7. It's all done through an agent who will send you monthly statements, one of which will
show how much rent you have paid, and the other, how much deposit you have accrued and
paid each month.
8. You have complete flexibility to transfer the property over to a bank or pay it off at
any time you want, subject to whatever we agree between us which will then be put in the
9. You will be required to pay house insurance, either monthly or yearly, which we will
10. There is no Stamp Duty to pay.
11. Purchase price AT COMPLETION, is £104,000, FIXED for up to 3 years. Negotiable if a
longer term is required.
WHAT YOU NEED:
1. To be able to refurbish the house.
2. To be able to comfortably afford the payments of £650 per calendar month
3. A Solicitor (£500-£1000)
Call Gill to discuss. I CAN BE FLEXIBLE IF YOU ARE SERIOUSLY INTERESTED.
THIS HOUSE WON'T BE AROUND LONG!!