Escape the rental rut and get onto the property ladder

Aspiring homeowners can escape the landlord for good – and for less than they might think – by buying the home of their dreams at Taylor Wimpey’s fantastic Indigo Wharf development in Chelmsford.

The cost of renting has gone up by an average of 2.7% since last year, placing a further squeeze on the already-stretched budgets of householders who are facing hikes in energy prices and other utility bills.

The good news is that tenants can own a fantastic brand new home of their own – and even save money in the process thanks to helpful initiatives such as the Government’s Help to Buy scheme.

Michael O’Leary, Regional Sales and Marketing Director for Taylor Wimpey, says: “Many people who are renting their home simply continue to do so, never entertaining the idea of home ownership because they wrongly assume that it is out of their price range.

“But they would be surprised to learn that buying will actually cost them less each month than what they are paying in rent. What’s more, with the Government’s Help to Buy scheme, renters who make the move to become homeowners may also find they can afford to upgrade to a bigger house than their current property.

“At our Indigo Wharf development, there are a range of incentives available to help would-be buyers become homeowners, so renters who dream of escaping the landlord should not delay in finding out more.”

Help to Buy makes purchasing a new home even easier and more achievable, and is available at all of the developments in the area. The scheme enables first-time buyers and those looking to move home to purchase their new home for 80% of its full price, including a deposit as low as 5%.

Help to Buy involves a Government loan of up to 20% and is available on new-build homes up to the value of £600,000 in England. There is no salary cap for purchasers taking advantage of the scheme.

Aspiring homeowners can find out more about escaping the landlord and securing a stunning new home at Indigo Wharf by visiting the development off Navigation Road, Chelmsford, which is open between 10am and 5.30pm, Thursday to Monday. Alternatively, visit taylorwimpey.co.uk.