Special event for new homes in Lincolnshire

Home seekers have the chance to discover how they can secure selected Taylor Wimpey properties in Lincolnshire for just 80% of their price – by attending an exclusive first-time buyers’ event.

The leading housebuilder is holding its FirstBuy Saturday event at selected developments across the area on Saturday 12th November, when experts will be on hand to explain how the Government-backed FirstBuy scheme can help first-time buyers secure new houses and apartments in Lincolnshire.

Under FirstBuy, qualifying first-time buyers can access eligible new build homes in Lincolnshire 80% of the full price, including a 75% mortgage and a 5% deposit, subject to status.

The spacious Plot 57 two-bedroom ‘Penarth’ house at Isaac’s Place in Grantham, for example, can be accessed by qualifying purchasers for 80% of its £111,995 purchase price under the FirstBuy scheme – that’s just £89,596 – including a deposit of only £5,600.

Janet Robinson, Regional Sales Manager for Taylor Wimpey, says: “FirstBuy offers first-time buyers a unique opportunity to leave renting behind and purchase their own property in Lincolnshire – and we’re giving home-hunters the chance to get the lowdown on how this incredible scheme could help them on to the property ladder.

“We have already experienced considerable interest in this fantastic initiative and there are a strictly limited number of new homes for sale in Lincolnshire available with the scheme, so I would stress to anyone interested in grabbing this great opportunity to visit our Isaac’s Place, Oak Springs or Roman Fields developments during FirstBuy Saturday on 12th November to find out more.”

FirstBuy works through a joint loan of 20% from the Homes and Communities Agency (HCA) and Taylor Wimpey, which means that eligible purchasers only need put down a 5% deposit and obtain a 75% loan-to-value mortgage.

The loan is repayable at the end of the 25-year mortgage term or when the property is sold. To be eligible, purchasers must be first-time buyers and their total household earnings should be less than £60,000.

To find out more about FirstBuy, first-time buyers can visit any of the following Taylor Wimpey developments of houses and apartments for sale in Lincolnshire on FirstBuy Saturday, which takes place between 10.30am and 5.30pm on Saturday 12th November:

Isaac’s Place
Caunt Road, Grantham, NG31 7FZ

Oak Springs
Off The Gables, Elsea Park, Bourne, PE10 0FY

Roman Fields
Juniper Way, Witham St Hughes, Swinderby, LN6 9WL

Further information on Taylor Wimpey developments across the East Midlands region is available by visiting taylorwimpey.co.uk.