Homebuyers in the East Midlands get moving with Help to Buy

Discerning buyers across the East 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 the region, enabling first-time buyers and those looking to move on from their existing property 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 63 homebuyers to reserve their new home with Taylor Wimpey East Midlands.

Mariana Knight, Sales and Marketing Director for Taylor Wimpey East Midlands, says: “Help to Buy is helping purchasers in a whole range of circumstances move onto – or up – the property ladder across the region.

“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.

“It’s no surprise, therefore, that savvy buyers have been quick to snap up their dream homes with Help to Buy, and I’d urge anyone hoping to join them 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 Cambridgeshire, Derbyshire, Leicestershire, Lincolnshire, Northamptonshire and Nottinghamshire. There is no salary cap for purchasers using the scheme.

It is also available in conjunction with the popular easymover scheme, where Taylor Wimpey helps existing homeowners find a buyer for their old property in just a few weeks, and can even cover the cost of estate agency fees. Once the customer’s home is sold, they can then secure their new property under Help to Buy.

Information on all Taylor Wimpey developments across the region is available by visiting taylorwimpey.co.uk/eastmids.