50 James Watt Way Affordability

							50 James Watt Way, Bexley DA8 1SQ
PRICE CORRECT AS AT 16th March 2012
       FLAT                  PROPERTY                 FLOOR            GUIDELINE               FULL                   56%                MONTHLY              MONTHLY                ESTIMATED             ESTIMATED   AVAILABILITY
      NUMBER                   TYPE                                   HOUSEHOLD               MARKET                 EQUITY                RENT            SERVICE CHARGE             MONTHLY               MONTHLY
                                                                        INCOME                 VALUE                 VALUE                                                           MORTGAGE                TOTAL
         50                  2 Bed Flat              Second             £27,795              £130,000               £72,800               £204.95               £118.30               £437.65               £760.90    AVAILABLE

Financial Assumptions:
The above equity shares are the minimum share available to be purchased. If you can afford to you may purchase up to a 75% equity share initially
The above mortgage calculations are based on 95% borrowing (5% depsoit required). The rate is 5.69% (6.1% APR). It is a 2 year fixed rate.
There are additional incentives available from the lender with this rate. Further details are available on request. These figures are based on a capital and interest repayment mortgage over a 25 year period.
Written quotations are available on request
Your home may be repossessed if you do not keep up repayments on your mortgage, rent or any other loan secured on it. Be sure you can afford the repayments before entering into
a credit agreement.
The above figures should be used for guidance only. Should you require any further information on monthly outgoings please contact us or speak to an
independent financial advisor.