Magellan Residential

MOVE IN...KASSAPIANS

“Move In” to Your New Home for 75% of the price*

“The Media say that First Time Buyers are not able to get on the property ladder... the Magellan “Move In” scheme at Kassapians provides you with the opportunity you’ve been waiting for...”

•    The Magellan “Move In” Scheme enables first time buyers to get on to the property ladder with out the need to save a substantial deposit.

•    You enter into a lease in the same terms as any other buyer.

•    You need to find only 75% of the price of the property but have all the rights and advantages of full ownership.  The remaining 25% is an interest free equity loan from Magellan and is repayable within a set timescale.

•    You obtain your mortgage on 75% of the price of the property and pay 100% of the ground rent and service charge due under the lease.

•    After 12 months you can repay part or all of the loan from Magellan subject to conditions as to the minimum repayment and based on the Market Value of the property at that time.  Please note this may be higher or lower than the original price.

•    At the end of the first five** years of ownership, or in the meantime if you wish to sell the property, then you must pay Magellan the outstanding 25% of the Market Value of the property.

•    In circumstances of genuine hardship, the initial five** year period may be extended up to a maximum of a further five years.

•    The Market Value of the Property will be obtained from Independent Valuers.

•    A Financial Adviser will be able to provide you with details of an appropriate mortgage.

•    Your Legal Adviser will explain the full details of the Magellan “Move In” scheme and deal with any questions you may have.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

* Available on selected plots only.Terms and conditions are subject to change.
** May vary depending on the terms of the lender.

For further information please contact the Show Apartment on (01274) 598666 Friday to Monday, 10am - 5pm. At all other times please contact the sole selling agent Dale Eddison on (01943) 817642.

Hard Hat and Wellies Weekend at Foster Park

Be the first to look inside our unique split level four bedroom homes, The Scott and The Drake, with stunning rural views.

Be the first to look inside our unique split level four bedroom homes, The Scott and The Drake, with stunning rural views.

Saturday 12th and Sunday 13th July 2008

Location: Foster Park, Denholme, BD13 4BE

DON'T FORGET YOUR WELLIES (Hard Hats will be supplied) 

Download Hard Hat and Wellies Weekend  (841.2kb)

Kassapians - A Great Night in with Friends

With great first time buyer packages, visit the Kassapians Show Apartment NOW!

(Subject to developers terms and conditions.)

For further information contact: 01274 598 666

Open: 5 days a week (Thurs-Mon) - 10:00am to 5:00pm

Special Offer

Price: £130,000 (Plot 50 - Anise - 1 bedroom Apartment)

Great first time buyers package for this plot includes:
• 5% deposit - Paid
• Legal fees - Paid
• Survey - Paid
• Flooring - Paid
• Management fees for 2 years - Paid
• Flat screen TV