Taylor Wimpey’s Langley View proves popular

Buyers wasted no time in purchasing their dream home as Taylor Wimpey’s beautiful Langley View development is in high demand in Durham.

This is a rarity for homebuilders during the current housing market, selling faster than anticipated. Langley View is bucking the trends as recent reports say house sales are slowing down, proving it is a popular place to settle amongst first time buyers.

With homes starting from £84,995 and several schemes readily available to offer a helping hand, Taylor Wimpey has made purchasing a new home more affordable.

Buyers are now opting for the homebuilders FirstBuy scheme, offering that extra helping hand and making Langley View perfect for those wanting to get on to the property ladder.

FirstBuy works through a joint loan of 20% from the Government and Taylor Wimpey, which means that eligible purchasers only need put down a 5% deposit and obtain a 75% loan-to-value mortgage. The loan is repayable at the end of the 25 year mortgage term or when the property is sold. To be eligible, purchasers must be first time buyers and the total household earning should be less than £60,000.

Joan Peart, sales and marketing director for Taylor Wimpey North East, comments: “Langley View has done incredibly well this year. We are already selling into 2012 and with recent news that the housing market is slowing down, it is great that the development has managed to make 2011 a real success.

“The FirstBuy scheme has proved to be popular in Durham. The scheme has made it much easier for first time buyers to finally get on to the property ladder and move into their dream home”.

Langley View is a small development in Langley Park, with a fantastic community feel and great links to a range of local towns and amenities.

Just five miles from Durham City Centre, it is home to a great range of shops and pubs, and offers excellent transport links for anyone looking to commute or travel in the north.

For further information, visit taylorwimpey.co.uk.