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Secure a Dudley property with FirstBuy

12th March 2013 Print
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The FirstBuy scheme is giving aspiring homeowners a chance to step on the West Midlands property ladder for less at Taylor Wimpey’s Woodall Grange development of new houses for sale in Dudley.

Aspiring home-owners hoping to step on the property ladder can achieve their ambitions for less – thanks to FirstBuy at Taylor Wimpey’s Woodall Grange development of new homes for sale in Dudley, West Midlands.

This fantastic Government-backed initiative means qualifying purchasers can secure selected properties in Dudley at Woodall Grange for just 80% of their full purchase price, including a 5% deposit, subject to status.

The two-bedroom ‘York’ terraced house, for example, priced at just £127,995, is available for a FirstBuy price of just £102,396, including a deposit as low as £6,400.

Alternatively, the three-bedroom ‘Wessex’ terraced house is for sale under FirstBuy for just £119,996 (full price £149,995), with the purchaser requiring a deposit as low as £7,500.

Anne Wallace, Regional Sales and Marketing Director for Taylor Wimpey Dudley, says: “By dramatically reducing the size of deposit that’s required, FirstBuy offers aspiring home-owners a fantastic opportunity to secure their dream property in Dudley much sooner than they might otherwise have thought possible.

“With FirstBuy, customers only require a 75% loan-to-value mortgage, which opens up a range of more competitive mortgage rates and therefore lower monthly repayments for new properties for sale in Dudley.

“However, with this amazing deal restricted to selected plots, anyone hoping to take advantage of this incredible initiative is advised to act without delay or risk missing out!”

Ideal for individuals or couples, the ‘York’ features a spacious living/dining room opening through French doors to the private rear garden, plus a kitchen and a guest cloakroom off the entrance hallway.

Upstairs, the landing leads to two well-proportioned bedrooms and a bathroom, while the property also benefits from allocated parking outside.

FirstBuy works through a 20% loan from the Homes and Communities Agency (HCA) and Taylor Wimpey, which 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 their total household earnings should be less than £60,000.

As an alternative to FirstBuy, Taylor Wimpey offers a range of helpful homebuyer incentives for a variety of purchasers, including NewBuy, which gives first-time buyers and those with a property to sell the chance to purchase their new home with a 95% loan-to-value mortgage.

Woodall Grange enjoys a well-connected location off Constitution Hill, just a short stroll from the extensive selection of shops, restaurants and entertainment venues in Dudley town centre.

Meanwhile, big-name brands, niche products, everyday items and special gifts can be snapped up at any one of over 230 stores at Merry Hill Shopping Centre, three miles away, where food from across the globe can be enjoyed at more than 50 places to eat.

Families will also appreciate the good choice of nursery, primary and secondary schools located near the new homes.

For commuters, there’s quick access to the A4123 into Birmingham or Wolverhampton, while junction 2 of the M5 motorway is just a few miles away, providing links to the M42 and M6 for the Midlands and beyond. Dudley Port railway station is just over two miles from home, offering services into Birmingham New Street in approximately 15 minutes.

To stand a chance of snapping up a new home with FirstBuy at Woodall Grange, first-time buyers can visit the Sales Centre, located off Constitution Hill, Dudley, DY2 8RP, and open Thursday to Monday from 10am to 5pm, or log on to taylorwimpey.co.uk/midlands.

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