The Whernside*
Help to Buy

The Whernside*

Shared Ownership - 2 bedroom mews home

High Beeches
Chatburn Road, Clitheroe,
Lancashire BB7 4JX

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Floor plans

Ground floor
Ground floor
Lounge 4.15m x 3.64m 13'7" x 11'11"
Kitchen 3.30m x 2.70m 10'11" x 8'10"
W/C 1.47m x 1.26m 4'10" x 4'1"
First floor
First floor
Bedroom 1 4.15m x 3.16m 13'7" x 10'4"
Bedroom 2 4.15m x 2.33m 13'7" x 7'8"
Bathroom 1.91m x 2.12m 6'3" x 6'11"

*Figures are based on 50% ownership 50% rent. Customers require a 5% deposit. Free mortgage advice is available. Please ask for a personalised illustration and full terms and conditions. The mortgage contract will be secured by a mortgage on the property. Your home may be repossessed if you do not keep up repayments on your mortgage. Addtional charges apply, including a monthly management fee and buildings insurance from Heylo Housing.

Help to Buy calculator

Help to Buy

Your Help to Buy breakdown

75% Mortgage cost £0
20% Government loan £0
5% Deposit £0

Figures shown are for illustrative purposes only. Please speak to a Mortgage Adviser for full details. Eligible applicants will be offered an equity loan of up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings and any deposit where required. Applicants must obtain their conventional mortgage from a Qualified Lending Institution. For the first five years there is no fee charged on the equity loan component. At the start of year six a fee is collected of 1.75% of the market value of the property at the time the loan is entered into multiplied by the outstanding percentage under the equity loan, the annual fee of 1.75% will be uplifted by RPI + 1% p.a. The loan must be repaid after 25 years or earlier if you sell your home whereby the repayment sum will reflect up to 20% of the market value of the property at the time the property is sold or re-mortgaged.


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