EXCEPTIONAL DEAL for First Time Buyers ~ Manchester and Southport-on-Sea

Further to our earlier bulletin about FTB deals, we are delighted to announce the launch of 1, 2 and 3 bed apartments in postcodes M5 and PR9 priced between £135,000 and £190,000.

This exceptional deal arranged is:

Loan-To-Value of 65% @ *5.5%pa

Balance of 35% @ Zero%pa for **5-years

A property owner to act as Guarentor will be required to secure the deal

Interest Only mortgage payments range between £302-318pcm for 1/2-bed in Manchester to £430-604pcm for 2/3-bed in Southport

To avoid disappointment, do call on 01275-846662 to register your interest and discuss apartment availability and options.

Properties to be listed on www.bmvpropertyinvestmentdeals.co.uk imminently.

*tbc
**there may be an option to extend this period.

STOP PRESS STOP PRESS

To take advantage of the current Stamp Duty Land Tax (SDLT) Holiday, a First Time Buyer will need to apply for their mortgage before the end of this month ~ September. '09

This is because the average property purchase takes up to 12-weeks to 'Complete', which takes you to 31st December '09 when the the Tax Holiday is due to end.

Should you 'Complete' after 31st December '09 on a property in excess of £125,000, you can expect a tax bill of 1% of the whole purchase price i.e. between £1,350 and £1,900 for the above apartment examples.

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