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Burlington Place



1 The Esplanade, Sheringham, NR26 8LG

Residential (owner occupied) mortgages

This type of mortgage can be used when purchasing a property for your own personal use, as either a main residence or a second property/holiday home. Every application will be tailored to an individual’s personal circumstances and consideration given to; affordability, term of the loan, repayment method and future plans.

Lenders typically request a minimum of 10% deposit, unless using the Help to Buy equity loan, which only requires 5% from the applicant. At this level interest rates start around 3.05% per annum but a larger deposit (40%) could open up interest rates as low as 1.22%.

Buy to Let mortgages

This type of mortgage is used when purchasing a property as an investment, which will be let out either on an AST or short-term/holiday let basis.

The typical deposit for a BTL is 25% of the purchase price though there are some buy to let lenders that will accept 20%. Currently BTL interest rates can be as low as 1.19% per annum, with a 35% deposit required. With a 25% deposit, rates can be around 1.59%+.

Affordability is less reliant on your personal income but based on what the property can be let out for. Every lender will assess the rental amount differently to the next so it is important that you get the best option for your circumstance.

5% Deposit Unlock

We are now offering 5% deposits for apartments at Burlington Place for more information to apply for your 5% deposit unlock contact us directly.

Fees explained

To complete your reservation of an apartment, you will have to pay a fee of £5,000

There’s an administration fee of £299 + VAT applicable to all purchasers.

Upon exchange, 10% of the property purchase price is required. Exchange is required to take place six weeks after your solicitor receives the contract pack from our solicitor.

£5,000 Reservation Deposit
£299 + VAT Admin Fee
10% property value due on exchange

Sales process

When buying a property from Estateducation, the process couldn’t be simpler. We like to keep things straightforward by managing the sales process inhouse. Our consultancy team delivers an efficient and knowledgeable service in helping buyers make informed and timely decisions.

Need a mortgage?

If you're looking to use a residential, buy to let, holiday let or Help to Buy mortgage, all pre approvals are required to be qualified by Teal Finance. Should Teal Finance process your mortgage, they will do so FEE FREE with just a £25 charge required for its KYC & AML checks.

Teal Finance is a broker not a lender and is independent with access to a wide range of lenders across all market segments. Call 01603 574404 to obtain your pre approval if you need to obtain a mortgage to buy one of the stunning apartments at Burlington Place.

Teal Finance

Get in touch

Please fill out the form with your contact details and one of the team will get back to you.

Postal address

3rd Floor 86-90, Paul Street

London, England, EC2A 4NE