Mortgage Contribution initiative
Terms and Conditions:
- The Offer is available on selected plots and developments only, subject to contract and status.
- The amount we pay will be agreed with you prior to reservation by a Pobl Living Sales Executive.
- The amount we agree to pay in total under this Offer will be up to 3% of the purchase price of the property you choose to buy, inclusive of any other applicable incentives.
- The amount we agree to pay will be a one-off payment and the relevant amount shall be deducted from your completion statement. There is no cash alternative to the value of the Offer.
- The amount we pay may not be the same as your monthly mortgage payments and it is your responsibility to use the money from the Offer to help keep up with monthly mortgage payments.
- You must claim the Offer at the point of reservation.
- To qualify for this Offer you must enter into a reservation agreement with Pobl Living on or before 31st October 2023. The Offer will terminate on 1st November 2023.
- This Offer is subject to you confirming a full reservation on the plot you are purchasing.
- In order to take advantage of this Offer, we may require reservation and exchange to have taken place by particular dates, which may vary for different plots. Your Pobl Living Sales Executive will provide the dates that the Offer is applicable from and the Exchange Deadline Date that applies.
- We reserve the right to withdraw or alter the Offer at any time prior to payment of reservation fee on the relevant plot at our absolute discretion.
- The Offer may not be accepted by some lenders or may lead to refusal to provide a mortgage based on your circumstances. It is your responsibility to confirm with your lender whether the Offer is acceptable and we accept no responsibility or liability in this regard.
- The Offer is subject to your lender’s criteria and may reduce the equity to mortgage ratio.
- We advise you to speak to a Pobl Living recommended Mortgage Adviser to get a specific mortgage illustration for the property that you wish to buy.
- The Offer is not available to buyers purchasing under (i) a buy to let mortgage product or (ii) any affordable scheme to include but not limited to Shared Ownership or Grant Funded Shared Ownership.
- YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
- The Pobl Living Standard Terms and Conditions of Reservation are incorporated into and should be read in conjunction with these terms and conditions. Please speak to a Pobl Living Sales Executive for more details.
- These terms and conditions are governed by the laws of England and Wales and you agree that the courts of England and Wales shall have exclusive jurisdiction of any such claims or disputes which arise out of or in connection with the Offer.