New homes in West London available with FirstBuy

Taylor Wimpey is offering the popular FirstBuy scheme for first-time buyers at selected developments of new homes for sale in Buckinghamshire, property for sale in Hampshire and new build homes in Middlesex.

Aspiring first-time buyers who are struggling to get a foot onto the property ladder can get a helping hand with the Government-backed FirstBuy scheme at a number of Taylor Wimpey developments of property for sale in West London.

Under FirstBuy, selected new build homes in Hampshire, property for sale in Buckinghamshire and new homes for sale in Middlesex can be accessed by eligible first-time buyers for 80% of the full price, including a 75% mortgage and a 5% deposit, subject to status.

This fantastic initiative is now available at the leading housebuilder’s Limes Park and Everest Park developments of new homes in Basingstoke, at The Romans at Augusta Park development of houses for sale in Andover, at the Kingshill Grange development of property for sale in High Wycombe and at the Essence development of apartments for sale in Yiewsley, near West Drayton.

The spacious one-bedroom Plot 247 apartment at Everest Park, for example, can be accessed by a qualifying purchaser for 80% of its £117,000 purchase price under the FirstBuy scheme – that’s just £93,600 – including a deposit of only £5,850.

Alternatively, the one-bedroom Plot 23 apartment at Essence in Yiewsley, Middlesex, can be accessed by an eligible first-time buyer for 80% of its £149,995 purchase price – or £119,996 including a £7,500 deposit.

Tim Betts, Regional Sales and Marketing Director for Taylor Wimpey, says: “FirstBuy offers first-time buyers a unique opportunity to leave renting behind and step on to the property ladder in style.

“We have already experienced considerable interest in this fantastic initiative across the West London region and availability is strictly limited, so I would stress to anyone interested in taking advantage of the scheme to visit our participating developments as soon as possible.”

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, visit taylorwimpey.co.uk.