Why rent when you can buy
from only £492 a month!*
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Varcity North, Edinburgh
1 & 2 bedroom homes available from £121,000
You could pay from just
£102,850† NOW
with
We lend you the remaining £18,150
Marketing Suite open Thursday to Monday, 11am to 6pm
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WE DID IT
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If you qualify for MiWAY, you fund from only 85% of the price now (the percentage you need to fund will depend on your circumstances) and we'll provide you with a loan of up to 15% for the remainder. After 10 years, or when you sell or transfer your home, you simply pay back 15% (or the percentage you qualified for) of your home's market value in one payment at that time. There is no interest for the first five years and 4% annual interest payable on the outstanding loan for the next five years, payable monthly.
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NO INTEREST FOR
THE FIRST 5 YEARS
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MINIMAL DEPOSIT
REQUIRED**
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ON SELECTED
PLOTS ONLY
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NO RENT TO PAY
This is not Shared Ownership
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
*Miller Homes does not provide or arrange mortgages and applicants should speak to an independent mortgage adviser, details of which can be provided on request. Monthly payments shown are illustrations of the amount typically payable for the first 2 years from a high street bank or building society. Example shown is based on a fixed rate of 4.99% for 2 years, an overall cost for comparison APR of 4.3% and a purchase price of £121,000 with a mortgage for 80% of the value; the mortgage amount is £102,850. After 2 years, the rate reverts to a variable rate currently 3.99%, but which may rise or fall. The example assumes the applicant meets the qualification and credit scoring criteria applied by the lender and that the applicant will have a clean credit history. It also assumes that the borrower has a minimum deposit of 25% although that figure may vary and will be at the lender's discretion. An early repayment charge of £2,934 is assumed during the first 2 years.
†MiWAY is subject to status and qualification for the maximum 15% loan. Subject to qualification by a Miller Homes' approved financial adviser. Terms, conditions and eligibility criteria apply. Credit is subject to security over your new home. A 5% minimum deposit may be required by lender. More may be required dependent on circumstances and your lender's lending criteria. See our website for full details - www.millerhomes.co.uk/miway. Credit provided by Miller Homes Limited of Miller House, 2 Lochside View, Edinburgh, EH12 9DH.
Prices and availability correct at time of broadcast. All incentives are plot specific and may be withdrawn at any time.
Miller Homes Ltd Registered in Scotland Company Number: SC255429
Registered Office: Miller House, 2 Lochside View, Edinburgh Park,
Edinburgh, EH12 9DH
Copyright © Miller Homes 2012. All rights reserved.
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