Buying in Dudley? Taylor Wimpey has the facts
Would you love to own your own home but think you can’t afford to? Why not get the facts from Taylor Wimpey Midlands at a special event next weekend at its development The Hedgerows in Dudley?
On Saturday 16th and Sunday 17th January, a team of experts will be on hand to talk first time buyers through the range of shared equity schemes available to help them get on to the property ladder. The event is part of Taylor Wimpey’s new campaign urging prospective purchasers to ‘Get the Facts’ when it comes to moving. The housebuilder says buyers are confused by the barrage of conflicting reports and opinion on the state of the UK property market and some are putting off moving home as a result.
Anne Wallace, regional sales and marketing director, comments: “It’s understandable that people read the headlines and are uncertain as to whether or not now is a good time to buy, which is why we’re holding this special event. We recognise that buying a home can be a financially daunting prospect for many and we want to ensure that first time buyers know all the facts before they make a decision.
“Our range of shared equity schemes are a great way for purchasers to afford their first homes. If you’d like to make 2010 the year you get on to the property ladder why not come along and talk to our team?”
Taylor Wimpey's facts:
- The number of mortgage approvals has more than doubled in the last 12 months and net lending has increased for the third month in a row signalling increased activity in the housing market (Bank of England)
- In the next 12 months, net lending on homes is predicted to double from £8 billion to £15 billion and the number of housing market transactions is expected to rise (Council of Mortgage Lenders)
- Average property prices rose by 5.9% in 2009 (Nationwide)
- Both Lloyds Banking Group and Santander have said that a wider range of mortgages with a loan-to-value of 90% should become available over the next few months
- With Taylor Wimpey’s Deposit Match scheme you could double your deposit up to 10% of the purchase price so you get a smaller mortgage and could secure a better interest rate
- Home affordability has improved significantly for potential first time buyers over the past year (Halifax First-Time Buyer Annual Review)
- With Taylor Wimpey’s Easystart Scheme you could buy a new home for as little as 85% of the price now
- Taylor Wimpey has helped hundreds of first time buyers move into a new home
- Interest rates are currently at a record low
- Even ‘modest’ predictions are for property prices to rise by 40% in the next decade (Savills)
Taylor Wimpey Midlands has experienced a successful 2009 with 382 sales, averaging 7.5 homes sold each week. The housebuilder has a range of schemes available to help house hunters overcome the homebuying hurdles, including shared equity incentives, part exchange, market mover and a removals facility on selected properties.
For further information about the homes available at The Hedgerows, or the event, visit taylorwimpey.co.uk/thefacts.
