Hawthornden in Rosewell, Midlothian

In the charming area of Rosewell, Midlothian, an opportunity for affordable homeownership is presenting itself, tailored for those seeking a cost-effective alternative to the rising rents within the region. Notably, this proposition stands out for its advantageous location, offering a smooth commute to Edinburgh. The convenience is punctuated by a mere 20-minute train journey from Eskbank to Edinburgh, making it an ideal setting for professionals and families alike who are seeking a balance between tranquil suburban life and the vibrancy of the city.

Delving into the financial aspects of this opportunity, it is anchored on a mortgage arrangement with Skipton Building Society. Specifically, calculations are based on a 90% Loan-to-Value (LTV) mortgage, underpinned by a 5-year fixed rate of 5.14%, with a noteworthy mention of a ¨£1,995 fee that is incorporated into the loan package. This setup is structured over a 35-year mortgage term, highlighting a financial pathway that could lead to lower monthly payments compared to the prevailing rents in the vicinity, thus providing a financially appealing homeownership journey.

It is important to mark the date of 20/06/2023, as the rates mentioned are accurate as of this timestamp, serving for illustrative purposes only. This insight is not intended to be a recommendation or an assurance of eligibility, as rates are subject to variations. Avant Homes Group Ltd, the guiding light behind this opportunity, does not directly offer mortgage advice but stands ready to connect interested parties with an intermediary IFA member, ensuring access to impartial and comprehensive financial advice. This approach underscores a commitment to supporting prospective homeowners in making informed decisions that align with their aspirations and financial landscapes.