Once you have discovered your new home there are a range of purchasing options available to you that can help make that dream become a reality
Residential (owner occupied) Mortgages
This type of mortgage can be used when purchasing a property for your own personal use, as either a main residence or a second property/holiday home. Every application will be tailored to an individual’s personal circumstances and consideration given to; affordability, term of the loan, repayment method and future plans.
Lenders typically request a minimum of 10% deposit, some lenders have the option to offer with only a 5% deposit from the applicant. For more information please contact us directly.
Buy to Let Mortgages
This type of mortgage is used when purchasing a property as an investment, which will be let out either on an AST or short-term/holiday let basis.
The typical deposit for a BTL is 25% of the purchase price though there are some buy to let lenders that will accept 20%. For more information please contact us directly.
Affordability is less reliant on your personal income but based on what the property can be let out for. Every lender will assess the rental amount differently to the next so it is important that you get the best option for your circumstance.
The Developer has teamed up with Teal Finance, so if you're looking to use a residential, buy to let or help to buy mortgage please let us know and we will put you in touch.
5% Deposit Unlock
We are now offering 5% deposits for apartments at Tollesbury House for more information to apply for your 5% deposit unlock contact us directly.
Sales Process
When buying a property from Estateducation, the process couldn’t be simpler. We like to keep things straightforward by managing the sales process in-house. Our consultancy team delivers an efficient and knowledgeable service in helping buyers make informed decisions.
Need a mortgage?
With prices starting from just £175,000, an apartment or penthouse at Tollesbury House is a great solution for those looking to invest in a stunning living space.
If you’re looking to use a Buy to Let, Holiday Let or Residential mortgages all pre approvals are required to be qualified by Yellow Brick Mortgages.
Fees Explained
Fees
To complete your reservation of an apartment, you will have to pay a deposit of £5,000.
There's an administration fee of £299 + VAT applicable to all purchasers.
Upon exchange, 10% of the property purchase price is required. Exchange is required to take place six weeks after your solicitor receives the contract pack from our solicitor.
- £5,000 Reservation Deposit
- £299 + VAT Admin Fee
- 10% property value due on exchange