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House-hunters more likely to purchase thanks to Help to Buy

6th November 2013 Print
A typical Taylor Wimpey street scene

Taylor Wimpey Southern Counties has welcomed the results of a survey which reveals property-seekers are more likely to purchase a new home thanks to the introduction of the Government’s Help to Buy scheme.

The consumer survey by Google found that 40% of people interested in buying a new-build home are more likely to buy since the shared equity scheme was introduced in April.

Help to Buy works by offering eligible first-time buyers and existing homeowners a Government loan of up to 20%, enabling them to secure their new place for 80% of its full price, including a deposit as low as 5%.

It is available on new-build properties up to the value of £600,000 and there is no salary cap for homebuyers taking advantage of the scheme.

Fiona Creed, Regional Sales and Marketing Director for Taylor Wimpey, says: “We know that first-time buyers in particular have found it incredibly difficult to buy a home in recent years so it is fantastic news that the Help to Buy scheme is making it easier for people to get onto, or move up, the property ladder.

“Many of our homebuyers in the region have taken advantage of the scheme, which enabled them to secure their ideal home with a deposit as low as 5%.
“I would encourage anyone who would like to know more about Help to Buy to visit any of our developments in the region and find out more from our friendly team of Sales Executives.”

To find out more about Help to Buy and to watch Taylor Wimpey’s helpful video, visit taylorwimpey.co.uk/helptobuy. For more information on Taylor Wimpey’s extensive range of incentives or to book an online appointment at your nearest development, visit taylorwimpey.co.uk/southern.

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A typical Taylor Wimpey street scene