Your Home, Your Choice... London NW9 A GREAT OPPORTUNITY FOR A LIMITED PERIOD ONLY MyChoice HomeBuy Increasing your buying power with Government assistance MyChoice HomeBuy provided by St George in association with Catalyst Housing Group
New homes for first time buyers and key workers are now available from St George at Beaufort Park STAMP DUTY FREE! ** St George are now making further new homes available at Beaufort Park, London, NW9 to qualifying buyers through the MyChoice HomeBuy scheme. Are you able to raise 87,475* If you can raise this amount with a mortgage then you can own a brand new home at Beaufort Park Earning between 20,000-60,000 household income and still renting? Own your own home for less than the cost of renting Hurry! Limited number of contemporary studio, 1 & 2 bedroom apartments available Choose the property that YOU want You may only need to raise as little as 50% of your proposed property price - You could be a home owner within 6-8 weeks! Illustrative Pricing: Studio apartment Full purchase price 174,950 100% Less 5% deposit 8,747 5% Less mortgage raised 78,727 45% MyChoice HomeBuy loan 87,475 *** 50% MyChoice HomeBuy This scheme offers financial assistance in the form of a low cost home purchase loan which can be used in conjunction with your maximum mortgage capability to help you purchase your desired property. The level of support offered through MyChoice HomeBuy will vary depending on your personal circumstances. However, if you fall within the specified eligibility criteria and have a household income of between 20,000 and 60,000 per annum you may be able to receive funds of between 15% and 50% of the total purchase price of the property. The level of assistance you receive may be affected by the size of your deposit. Key Criteria To qualify for the scheme purchasers must meet the following criteria; Be either a first time buyer, key worker or someone experiencing a change in circumstance (e.g. divorce) Have a maximum household income of 60,000pa. Obtain a mortgage for the maximum amount you can afford to borrow on usual terms and be able to demonstrate funds to pay deposit, legal fees, stamp duty and costs of moving.**** Employed on a permanent contract of employment (there are exceptions for key workers). If self employed, applicant to provide 3 years accounts. Cannot already be a homeowner or named on a mortgage, or be able to provide evidence that your name has been, or is in the process of being, removed. How does MyChoice HomeBuy work? The loan received through MyChoice HomeBuy has an annual interest charge of 1.75% applied per annum. This will change annually by an amount incorporating any change in the Retail Price Index (RPI) plus an additional 1%. This charge will account for any change in the cost of living that has occurred during the previous 12 month period. There is no additional MyChoice HomeBuy loan repayment requirement for as long as you are resident in the property. However, the loan is required to be repaid upon sale of the property or at the end of the mortgage term. www.beaufortpark.co.uk/homebuy * Price shown for illustrative purposes only based upon a 50% mortgage taken on a studio apartment at a full purchase price of 174,950. Subject to status. Income levels to buy a suitable home vary. Eligibility for assistance will be subject to individual affordability assessment. For more details on MyChoice HomeBuy, eligibility and application visit www.housingoptions.co.uk. MyChoice HomeBuy provided by St George in association with Catalyst Housing Group. Terms and conditions apply. MyChoice HomeBuy is subject to an eligibility criteria prescribed by the Housing Corporation. Formal registration with the HomeBuy Division of Catalyst Housing Group is required to allow processing to occur. ** No stamp duty to be paid on apartments less than 175,000 legally complete prior to 01/09/09. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. *** See 'How does MyChoice HomeBuy work?'. **** Usual terms are specified as 3 1 / 2 x single and 3 x joint income levels.
What happens next? Visit the marketing suite, take a tour of the show apartments and register interest with one of our Sales Consultants Receive floor plans and specification of apartments available as part of this scheme Register with Catalyst Housing Group to confirm eligibility and level of assistance available Select and reserve an apartment, with a refundable reservation fee Secure a mortgage of at least 45% of the full purchase price together with a 5% deposit Upon successful approval by Catalyst your reservation fee becomes non-refundable Contracts will be exchanged within 21 days with a 5% deposit payable Following reservation, we have a 'One Stop Shop' service which can provide you with specialist independent mortgage advice and preferential rates for legal services For further information, please contact: Beaufort Park Marketing Suite 020 8511 8600 email: sales@beaufortpark.co.uk web: www.beaufortpark.co.uk/homebuy 0845 601 7729
BEAUFORT PARK 21ST CENTURY ENVIRONMENT SUSTAINABLE LIVING MyChoice HomeBuy Increasing your buying power with Government assistance MyChoice HomeBuy provided by St George in association with Catalyst Housing Group
Beaufort Park Located close to fashionable Hampstead Heath, Mill Hill and Golders Green, London NW9 A tree lined boulevard of shops, bars and restaurants, including a Tesco Express, Young's bar and restaurant, crèche, residents' only gym* all on your doorstep Balcony or terrace to most apartments Managed residents' gated car parking**, 24 hr estate management* and business centre** Landscaped parkland 10-year Zurich warranty 999-year lease from Dec 2005 Close to the Northern line for easy access to Central London and beyond Located only 5 minutes drive from Brent Cross shopping centre*** Close to Middlesex University * Payable via the service charge ** Available at extra cost *** Timing is approximate. Well Connected Beaufort Park, located only 5 minutes walk from Colindale Underground, offering convenient access to central London. Hendon Central 3 minutes Brent Cross 5 minutes Hampstead 12 minutes Camden Town 19 minutes Euston 22 minutes King s Cross St Pancras 24 minutes Leicester Square 27 minutes Moorgate 31 minutes Waterloo 32 minutes London bridge 35 minutes Source: www.tfl.gov.uk
London NW9 Marketing Suite and Show Apartments Aerodrome Road, London NW9 5JJ Open weekdays 10am - 8pm, Weekends 10am - 6pm Tel: 020 8511 8600 Email: sales@beaufortpark.co.uk Fax: 020 8511 8601 www.beaufortpark.co.uk/homebuy 50% Printed on Zanders Mega Range. Up to 50% of the total fibre content comes from de-inked post consumer recycled waste paper. The use of recycled paper reduces the use of virgin materials and further reduces environmental waste.