Finance Package – 4^% plus 4^% for 4²

As a first time buyer, every penny counts when gathering sufficient funds for the deposit, pay the legal and Land registry fees and to furnish the house.

To assist with the house purchase at this stressful time, the Saltown team have put together a special starter package to ease the pain of the initial hurdle. Subject to terms and conditions, qualifying purchasers will be eligible for the following

4^% plus 4^%

for those that qualify for a 95% mortgage a total deposit requirement of 5% is required, however an interest free loan of 4% for four years after the purchase of the house is available, meaning that a total deposit of 1% is required to purchase the house. This means that it is possible to purchase a house for a deposit ranging from €1,750 to €2,600.

4²

In addition a fixed rate mortgage of 4% for the first two years after the purchase of the house can be made available, meaing that those qualifying will not have to wait for the European Central Bank to lower interest rates, they can have the benefit of lower interest rates NOW. This could translate into the following repayment schedules

^* Based upon a 4% rate, 480 monthly period repayment schedule, with mortgage interest relief deducted.

This package is only available to first time buyers and proof of status, and continuing status, will be required. This package is not a provisional cost sum package or a specification allowance and choice where available will be strictly limited to vendors choice. The fixed rate available is dependent on the purchaser being eligible for, and acquiring, a variable rate mortgage, from AIB, Bank of Scotland, EBS, Halifax, or equivalent.

In the instance where a purchaser decides not to take up some or all of the items in the package, no consequent reduction in price will be available.