First-timers can get a helping hand to move to Dalkeith
First time buyers looking for their first step on the property ladder should look no further than Taylor Wimpey at Wester Meadow in Dalkeith where a new range of two bedroom apartments and three and four bedroom townhouses have recently been launched with prices starting from just £116,500.
Taylor Wimpey’s development at Wester Meadow new release of apartments and townhouses will impress a wide range of buyers. However the range of practical and stylish two bedroom apartments ticks the box for first time buyers with a layout that offers plenty of living space and two well-proportioned bedrooms. And with prices starting from just £116,500 a move to this development is a real option for first time buyers looking for their first move onto the property ladder. Plus buyers can also take advantage of the Government supported Help to Buy (Scotland) scheme at this development making a move to Wester Meadow easier than ever.
The Help to Buy (Scotland) measures include an interest-free equity stake scheme, which is available on new build properties up to the value of £400,000, and it is possible to repay the Scottish Government’s equity stake at any time. There is no salary cap for purchasers using the interest-free equity loan scheme, and it is available to both first time buyers and existing homeowners alike.
Eligible purchasers will receive a Scottish Government interest-free loan of up to 20%, which means that they only need to put down a 5% deposit and you may only require a 75% loan-to-value mortgage. For example – based on £116,500 for a two bedroom apartment at Wester Meadow in Dalkeith you will need £5,825 deposit, £23,300 would be provided from the Help to Buy (Scotland) scheme and you would require a mortgage for the remaining £87,375.
Karen Armstrong, Sales and Marketing Director for Taylor Wimpey East Scotland adds:
“When you consider the additional support that’s available to buyers from the Government supported Help to Buy (Scotland) initiative, and combine this with our choice of apartments and townhouses to appeal to first time buyers at Wester Meadow – it adds up to a great time to consider taking that first all-important step onto the property ladder.
“It is important for prospective buyers to have completed the approval process for both a lender and the Government agency LINK before they can be accepted into the Help to Buy (Scotland) scheme, and we’re happy to guide them through this.
“We recognise that buying a home can be a financially daunting prospect for many and we want to ensure that all buyers - whether they are first time buyers, growing families or downsizers - get all the help they need to make their move to a new home.”
Wester Meadow, Easter Langside in Dalkeith offers an impressive choice of two bedroom apartments from £116,500, as well as three and four bedroom townhouses from just £165,000. For more information visit the showhomes which are open Thursday to Monday from 10.00am-5.30pm. Alternatively, visit taylorwimpey.co.uk/westermeadow.
