YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE
REPAYMENTS ON YOUR 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. ^Weekly payments shown are illustrative of the amount typically payable for the first 2 years on a mortgage from a high street bank or building society. †Figure 1 example is based on a purchase price of £64,995 with a fixed rate mortgage at 75% of the value, so the mortgage amount is £48,476 with a deposit of £3,250. An early repayment charge of £1,552.38 is assumed during the first 2 years. ††Figure 2 example is based on a purchase price of £84,995 with a fixed rate mortgage at 75% of the value, so the mortgage amount is £63,746 with a deposit of £4,250. An early repayment charge of £2,002.38 is assumed during the first 2 years. Both figures quoted are based on a fixed rate of 3.39% and an overall cost for comparison APR of 4.0%. After 2 years, the rate reverts to a variable rate currently 3.99% but this may rise or fall. Mortgage examples are calculated over 35 years. Both examples assume the applicant meets the qualification and credit scoring criteria applied by the lender and that the applicant will have a clean credit history. They also assume that the borrower has a minimum deposit of 5% with the balance (20%) being funded through FirstBuy, although the deposit figure may vary and will be at the lender’s discretion. †††Figure 3 deposit of £5,000 based on purchase price of £124,995 with 20% FirstBuy loan. *FirstBuy is subject to status and qualification by a Miller Homes’ approved financial adviser. Terms, conditions and eligibility criteria apply. You must repay your first mortgage before you repay your FirstBuy loan. If the value of your home falls there may not be enough sales proceeds to repay both loans. Credit is available subject to status and is provided by two separate secured loans from each of the HCA and Miller Homes Limited. FirstBuy is plot specific and cannot be used in conjunction with any other offer provided by Miller Homes. Subject to terms and conditions. For full details contact the development direct or visit our website at
www.millerhomes.co.uk/firstbuy. All offers are plot specific and subject to Miller Homes’ standard terms and conditions. Offers may be withdrawn at any time without notice and prices and availability are correct at time of going to print. Photography represents a typical Miller Homes’ exterior and interiors.
© Miller Homes 2011.
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