Thinking of buying in Andover? Get the facts first

Would you love to get on to the property ladder but think you can’t afford it? Why not get the facts on Deposit Assist, a new scheme available for first time buyers at Augusta Park, a Bryant Homes development in Andover?

The house builder is inviting young purchasers keen to make their move but put off by the conflicting reports about the current property market, to come and talk to its expert team at the development. First time buyers can get mortgage advice and find out more about the Deposit Assist scheme where Taylor Wimpey Southern Counties will pay 5% of their deposit*.

Pauline Fletcher, regional sales and marketing director for Bryant Homes, 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 urging first time buyers to come and see us. We recognise that buying your first home can be a daunting prospect and we want to ensure that purchasers know all the facts before they make a decision.”

The Rudstone design at Bryant Homes at Augusta Park is perfect for young professionals and first time buyers looking to skip the first rung of the ladder. Priced from £219,995 this stylish townhouse offers four bedrooms, one with en-suite, a living room, dining room, kitchen, bathroom, downstairs cloakroom, a single garage and one allocated parking space.

Also available at The Romans at Augusta Park, a development by Taylor Wimpey, are a selection of homes suitable for first time buyers.

Tim Betts, regional sales and marketing director for Taylor Wimpey, added: “This is a great opportunity for first time buyers who have been put off by the uncertainty of the property market to make their move. If you’d like to stop wasting money on rent, or gain some independence from your parents, why not come and see us?”

Bryant Homes and Taylor Wimpey point out:

FACT - 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)

FACT - 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)

FACT - Average property prices rose by 5.9% in 2009 (Nationwide)

FACT - 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

FACT - 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

FACT - Home affordability has improved significantly for potential first time buyers over the past year (Halifax First-Time Buyer Annual Review)

FACT - With Taylor Wimpey’s Easystart Scheme you could buy a new home for as little as 85% of the price now

FACT - Taylor Wimpey has helped hundreds of first time buyers move into a new home

FACT - Interest rates are currently at a record low

FACT - Even ‘modest’ predictions are for property prices to rise by 40% in the next decade (Savills)

Augusta Park offers the best of town life in a semi-rural setting with residents within easy reach of the Hampshire countryside, the South Coast and the New Forest. The development is also ideally located for those who need to commute with excellent road links to both the east and west via the A303. The A34 and M3 are both close at hand and the train journey from Andover to London takes just 1 hour 20 minutes.

For further information, visit taylorwimpey.co.uk/thefacts.

* Subject to terms and conditions. On selected properties only.