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Get on the ladder with Taylor Wimpey in Scotland

28th March 2011 Print
Get on the ladder at Taylor Wimpey's Hopefield Meadows development in Bonnyrigg.

Taylor Wimpey is offering Shared Equity* at a number of development across the east of Scotland - allowing buyers to get onto the property ladder much more easily. Plus, for reservations by 30 April, 2011 on selected plots, customers can take advantage of a £99 reservation fee, plus free carpets and appliances.

Using Taylor Wimpey’s Shared Equity scheme means that customers can buy a new home for just 85% of the purchase price on selected plots for a limited period. With a good choice of two and three bedroom homes suitable for first-time buyers currently available at Gospatrick Grange in Dunbar; Queen’s Gate in Peebles; Hopefield Meadows in Bonnyrigg; Kingsacre and Stirling Bridge in Stirling; Pilmuir Place in Dunfermline; Preston Gate in Prestonpans and Wester Meadow in Dalkeith buyers really are spoilt for choice in terms of location.

The initiative, which is only available on selected plots at limited times throughout the year, offers buyers the chance to secure their new dream home for only 85%* of the purchase price. Homeowners have the reassurance that they own 100% of their property from day one but as they’ll already have paid a 5% deposit, they only need to find a mortgage on 80% of the value. The other 15% is provided rent and interest free by Taylor Wimpey for up to ten years, at which point purchasers repay 15% of their home’s current market value. The scheme is flexible, allowing purchasers to repay the outstanding amount early or even make smaller one-off payments up to three times during the ten year period.

Karen Armstrong, regional sales and marketing director, comments: “We recognise that buying a home can be a financially daunting prospect for many – but for a limited period, buyers can take advantage of our shared equity on selected plots to make their move onto the property ladder soon rather than later. And as many of our plots have dates of entry later this year, they’ve also got plenty of time to save for their deposit.

“We’ve got a real mix of homes and apartments available in a great choice of locations so a visit to your nearest development is well worthwhile to see just how helpful we can be.

“We have already helped hundreds to get on to the property ladder, and the availability of this scheme at these developments offers an excellent range of properties to get buyers on the move.”

All developments are open Thursday to Monday from 10.00am-5.30pm. For further information visit taylorwimpey.co.uk and book an appointment via the online booking system.

* Available on selected properties. Terms and conditions apply.

More Photos - Click to Enlarge

Get on the ladder at Taylor Wimpey's Hopefield Meadows development in Bonnyrigg.