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Help to get on the property ladder with a new home in Caerphilly

5th January 2014 Print
A typical showhome interior

Property-seekers have a fantastic chance to get ‘Help to Buy’ a brand new home at leading housebuilder Taylor Wimpey’s popular developments in the Caerphilly area.

The Welsh Government’s new Help to Buy Wales shared equity scheme is available now at Castle Reach in Caerphilly – and is coming soon to Taylor Wimpey’s much-anticipated Tir Gwyn development in Aberbargoed and Dan Y Bryn Gaer in Gwaun Miskin, Rhondda Cynon Taff.

Help to Buy Wales customers can secure a loan from the Welsh Government of up to 20% of their new home’s full price – meaning they only require a 75% loan-to-value mortgage and a 5% deposit.

For example, the beautiful three-bedroom Plot 12 ‘Rowan’ semi-detached house at Castle Reach, priced at £165,995, can be secured under Help to Buy Wales. With an equity loan of up to £33,199, the purchaser only requires a mortgage of £124,496 and a deposit as low as £8,300.

The scheme is open to those purchasing new-build properties in Wales up to the value of £300,000.

Sara Taylor, Sales and Marketing Director for Taylor Wimpey South Wales, says: “Help to Buy Wales is a fantastic scheme for potential purchasers who until now have been struggling to step on or up the property ladder.

“Because Help to Buy Wales customers only require a 75% loan-to-value mortgage, they can access a much wider range of competitive deals from lenders, making their monthly mortgage payments more affordable.

“However, the launch of Help to Buy Wales has been hotly anticipated, so I’d advise anyone hoping to take advantage of the scheme to act now – or risk missing out on their dream home.”

To find out more about moving on – or up – the property ladder in the Caerphilly area, visit taylorwimpey.co.uk.

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A typical showhome interior