Creative Property Solutions
17 St Albans Road
Halifax
West Yorkshire
HX3 0ND
Tel: 01422 898189 |  | | Notes: 1. We assume Annual House inflation to be 7.5% per annum. 2. Lease Option Credit is 75% (i.e. 75% of all monthly lease fees are credited to the purchase price of your house at the end of the contract). Therefore, a total credit of £11,905 (lease option credit + returnable down payment) will have been accrued against the purchase price of £203,175, equivalent to 5.9%, after just one year. The effect of a 75% rent credit means your lease fee is just £198.75 per month. Each application is tailored to meet your personal needs in the current housing market. The above example may not be representative of your circumstances. | |  |
|
| Example - Lease Option with Down PaymentScroll over Year 1 figures for explanations.... | Lease Option with Down Payment | | Lease Option Credit Percentage | 75.00% | | Estimated Annual House Inflation | 7.50% | | | | YEAR 1 | | Current Market Value | | | £189,000.00 | | Estimated Market Value End Year 1 | | | £203,175.00 | | Down Payment | | £4,750.00 | | | Monthly Lease | £795.00 | | | | Lease Option Credit Year 1 | | £7,155.00 | | | End of Lease Net Requirement | | | £191,270.00 | | YEAR 1 EQUITY | £11,905.00 | | | YEAR 1 EQUITY % | 5.9% | | | | | | | YEAR 2 | | Estimated Market Value End Year 1 | | | £203,175.00 | | Estimated Market Value End Year 2 | | | £218,413.13 | | Monthly Lease | £845.00 | | | | Lease Option Credit Year 1 | | £7,155.00 | | | Lease Option Credit Year 2 | | £7,605.00 | | | End of Lease Net Requirement | | | £198,903.13 | | YEAR 2 EQUITY | £19,510.00 | | | YEAR 2 EQUITY% | 8.9% | | | | | | | YEAR 3 | | Estimated Market Value End Year 2 | | | £218,413.13 | | Estimated Market Value End Year 3 | | | £234,794.11 | | Monthly Lease | £895.00 | | | | Lease Option Credit Year 1 | | £7,155.00 | | | Lease Option Credit Year 2 | | £7,605.00 | | | Lease Option Credit Year 3 | | £8,055.00 | | | End of Lease Net Requirement | | | £207,229.11 | | YEAR 3 EQUITY | £27,565.00 | | | YEAR 3 EQUITY % | 11.7% | |
 Contact Us - Properties Available in Your Area Now! |
