Similar Homes

Lagan Deposit Assist*

05 August 2009

How does it work?

  • Reserve the new Lagan home of your choice.
  • Lagan Homes pay 5% of your deposit.
  • You secure a further 5%.
  • To increase the number of mortgages available to you, Lagan Homes lends you, interest free, a further 5 %, secured by a legal charge on the property.
  • Arrange a mortgage though our recommended financial adviser for the remaining 85% of the agreed price of the home.
  • You have up to ten years to pay off the loan without incurring interest.
  • If the property is sold, the loan must be cleared as part of the transaction.
  • You can repay the loan in full at any time within the ten year period or clear the balance with up to three separate instalments.

 

*Offers on selected plots only. Terms and conditions apply.