George Wimpey launches mortgage assist initiative

George Wimpey East Scotland has launched a mortgage assist initiative deal which offers up to £500* per month towards mortgage repayments for 24 months. This initiative is available on selected plots at George Wimpey’s Burnside development in Kinglassie, Fife, where the company will pay a monthly sum into customers’ bank accounts for 24 months following legal completion.

This scheme is designed for customers who are currently on the property ladder and keen to make their next move and who are perhaps considering a larger or different property. This deal helps customers to maximise their financial buying power to make the home of their dreams more affordable.

This unique mortgage subsidy offer is available on a selection of family homes which are now available at Burnside including the four bedroom detached Don and Tweed from £161,000 or the five bedroom Spey from £225,000.

This generous offer is designed to offer substantial relief for customers who’re keen to maximise their property investment as Karen Armstrong, sales and marketing director for George Wimpey East Scotland explains: “As we all know, our lives and our circumstances are constantly changing – we get married, we have a family – we’re always evolving. Our desire to move or change property is often driven by our life stage, and our mortgage subsidy offer is a great way to maximise the type of property customers can afford right now, despite the uncertainty around certain aspects of the property market.

“This mortgage subsidy is perfect for customers who’re already on the property ladder and who’d love a larger property – we can realise that dream for them as we’re happy to pay up to £500* per month towards their mortgage for the next two years on selected plots at our Burnside development in Kinglassie, Fife.

“Life changes affect us all, and this mortgage offer is designed to give customers some confidence in their ability to maximise their next move.

“Customers will still need to meet affordability criteria, and we advise all our customers to think carefully about how much they are borrowing and their repayment schedule. Customers who are keen to take advantage of this offer are required to discuss their circumstances with our independent financial advisor.”

For more information on this our Burnside showhomes which are open Thursday to Monday from 10.00am – 5.30pm or visit georgewimpey.co.uk.

* This offer is based on a monthly mortgage subsidy amount being credited directly to the Purchasers bank account for the first 24 months. The amount is based on the purchase price and is up to a maximum of £500 per month for two years, subject to status. Terms and conditions apply and this offer is available only on selected plots. Customers must be aged 18yrs or over. Limited offer can be withdrawn at any time. Offer is not available with any other promotion. Your home may be at risk if you do not keep up repayments on your mortgage.