Homebuyers in the South Midlands get moving with Help to Buy

Discerning buyers across the South Midlands have been snapping up the chance to get ‘Help to Buy’ a brand new home with leading housebuilder Taylor Wimpey.

The Government’s new Help to Buy shared equity scheme is available at Taylor Wimpey developments across Bedfordshire, Buckinghamshire and Hertfordshire, enabling eligible buyers to purchase their new home for 80% of its full price, including a deposit as low as 5%.

Since the scheme was launched at the beginning of April, Help to Buy has helped 60 homebuyers to purchase their new home with Taylor Wimpey South Midlands.

Steve Rolt, Regional Sales and Marketing Director for Taylor Wimpey, says: “Help to Buy is helping purchasers in a whole range of circumstances move on to – or up – the property ladder across the region and there are strong signs that the property market is now really picking up.

“It’s no surprise our high-quality new homes are selling well with Help to Buy, because with just a 5% deposit and a 75% loan-to-value mortgage required, customers can access a wider range of competitive deals from lenders – making it even more affordable to choose a brand new Taylor Wimpey home.

“I’d therefore urge anyone hoping to join the savvy buyers who’ve already snapped up their dream home with Help to Buy to act now, or risk missing out on their perfect property!”

Help to Buy involves a Government loan of up to 20% and is available on new-build properties up to the value of £600,000 at Taylor Wimpey developments in Bedfordshire, Buckinghamshire and Hertfordshire. There is no salary cap for purchasers using the scheme, and it is available to both first-time buyers and those looking to move on from their existing property.

Further details of Taylor Wimpey developments across the region are available by visiting taylorwimpey.co.uk/southmids.