We are able to offer mortgages up to 50% of the purchase price.
The features are:
1) 4% p.a. interest only. No arrangement fee or early redemption penalty.
2) The term of the mortgage is 10 years.
3) You only need to show that you can make the monthly payments. This is the easiest mortgage ever.
4) As an example: Flat 3 costs £125,000. You would need to pay a minimum deposit of £62,500 plus monthly payments of £208.34. A larger deposit obviously would mean smaller monthly payments.
The Ecology Building Society are able to offer more conventional mortgages, check their details below:
The features are:
1) 4% p.a. interest only. No arrangement fee or early redemption penalty.
2) The term of the mortgage is 10 years.
3) You only need to show that you can make the monthly payments. This is the easiest mortgage ever.
4) As an example: Flat 3 costs £125,000. You would need to pay a minimum deposit of £62,500 plus monthly payments of £208.34. A larger deposit obviously would mean smaller monthly payments.
The Ecology Building Society are able to offer more conventional mortgages, check their details below:
The Ecology Building Society supports CoHousing and is keen to offer mortgages, subject to status, to people wishing to join CoFlats. Please contact Daniel Capstick or Jon Lee on 01535 650770
email: mailto:dcapstick@ecology.co.uk
Click here for Ecology web site to see details of their mortgage packages and ethical policy.
email: mailto:dcapstick@ecology.co.uk
Click here for Ecology web site to see details of their mortgage packages and ethical policy.
