Midlands buyers to benefit from HomeBuy Direct

Would-be first-time buyers who think they can’t afford to step on to the property ladder can find the answer to their problems with Taylor Wimpey.

HomeBuy Direct, a joint initiative from the leading housebuilder and the Homes and Communities Agency, lets qualifying buyers secure 100% of selected brand new homes at developments across the region for just 70% of the purchase price.

Under this amazing shared-equity scheme, purchasers need only raise a 5% deposit and Taylor Wimpey will help arrange a mortgage covering 65% of the price tag.

The remaining 30% equity comes in the form of a great-value loan which is interest-free for the first five years and low-interest for up to 20 years thereafter.

Daniel McGowan, Sales and Marketing Director for Taylor Wimpey North Midlands, says: “HomeBuy Direct is a fantastic opportunity that aspiring homeowners cannot afford to miss. And because it’s open to buyers with a household income of £60,000 or less, many would-be purchasers who might have otherwise assumed they did not qualify for shared-equity assistance can take advantage.

“However, this incredible offer is available only on a strictly limited basis, so I would urge anyone with an interest to contact us without delay – before it’s too late!”

HomeBuy Direct is available now on selected properties at the following developments:

BIRMINGHAM

Latimer Square, Oldbury

SHROPSHIRE

Castleford, Market Drayton
Earls Meadow, Wem

STAFFORDSHIRE

The Pinnacle, Stoke-on-Trent
Canalside Wharf, Weston

WARWICKSHIRE

The City, Coventry

Full details of the HomeBuy Direct scheme, including terms and conditions, are available from the Sales Executive.

Further information on Taylor Wimpey developments across the region is available by visiting the website at: taylorwimpey.co.uk

* 70% figure refers to 65% mortgage plus 5% customer deposit.