First Home Fund Terms & Conditions:
Based on a purchase price of £205,000, mortgage deposit of £10,250, a Scottish Government equity loan of £24,600 which has a £200 administration fee and a repayment mortgage of £170,150 over 30 years. Using a 2 year fixed rate mortgage at an interest rate of 1.89%. APR 3.9%. After 2 years the interest rate will revert to the lenders standard variable rate, currently 4.24%.
Open to first time buyers, or joint applicants of which one is a first time buyer.
All mortgages are subject to availability and status. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Be sure you can afford the repayments before entering into a credit agreement.
15'7" x 12'1" (4.80m x 3.70m)
15'2" x 12'1" (4.65m x 3.70m)
11'8" x 8'1" (3.60m x 2.47m)
11'0" x 10'1" (3.35m x 3.10m)
10'1" x 8'0" (3.10m x 2.45m)
9'0" x 7'5" (2.76m x 2.30m)
Total Floor Area 910.95 sq ft (84.63 sq m)
All dimensions are taken to the widest point and areas are as stated or thereby. Total floor areas are internal and include all partitions.
The floor plans, dimensions, energy facts and CGIs are intended for illustrative purposes only and are subject to change. Consequently they should be treated as general guidance and cannot be relied upon as providing an accurate description of any of the matters illustrated therein.
|Heating costs per year||£119|
|Hot water costs per year||£72|
|Lighting costs per year||£93|
|Solar PV Benefit||£106|
|Total annual running cost||£266|