New homes in Borehamwood for first-time buyers

Taylor Wimpey is hosting a special event showing would-be homeowners how easy it can be to purchase at Oaktrees, the leading housebuilder’s popular development of new homes for sale in Borehamwood.

First-time buyers who believe the property ladder is out of their reach will think again if they attend a Mortgage Myths Forum at Taylor Wimpey’s Oaktrees development of property for sale in Borehamwood, Hertfordshire.

New research suggests that many would-be buyers are deterred from searching for apartments or houses for sale in Borehamwood because they assume they won’t qualify for a mortgage – but this special event on Sunday 12th February will see Taylor Wimpey set the record straight.

The forum will take place at 11am at the leading housebuilder’s development of houses and apartments for sale in Borehamwood. During the event, experts will be on hand to dispel popular misconceptions about mortgage lending and explain to potential first-time buyers how it could be much easier than they think to afford their very own home at the Taylor Wimpey Borehamwood development in Elstree Way.

Tony Woodman, Sales and Marketing Director for Taylor Wimpey North Thames, says: “Latest research shows that 92% of people think it is hard for first-time buyers to secure a mortgage, and that two out of three prospective property purchasers are completely put off from applying because they fear they will be turned down.

“By attending our Mortgage Myths Forum at Oaktrees, would-be buyers will not only find a new property could be comfortably within their reach, but they’ll be pleasantly surprised at how straightforward and stress-free the whole process can be when purchasing a Taylor Wimpey home – and they may only need a 5% deposit.”

The Mortgage Myths Forum will include an informative presentation from Taylor Wimpey’s experienced sales team and an independent financial advisor to demystify the mortgage application process.

The advisor will also be able to assess individual circumstances on the spot, and offer advice on how it is possible to secure a brand new Taylor Wimpey home at Oaktrees.

First-time buyers can also find out about the range of money-saving incentives offered by Taylor Wimpey, which means they could potentially purchase their new property with only a 5% deposit.

The Government-backed FirstBuy scheme is one of the initiatives available for first-time buyers at Oaktrees and means selected new homes can be accessed by eligible purchasers for 80% of their full price, including a 75% mortgage and a 5% deposit, subject to status.

Full details of this fantastic incentive, and other schemes for first-time buyers, will be available at the Mortgage Myths Forum.

A superb selection of one and two-bedroom apartments is currently available at the development from as little as £170,450, while three-bedroom homes are priced from just £375,000 and four-bedroom houses from only £385,000.

Oaktrees occupies the former Oaklands College site close to Borehamwood town centre and just a stone’s throw from Elstree Studios.

The development is a commuter’s dream, with Elstree and Borehamwood railway station within easy walking distance, offering regular services to London St Pancras in less than 25 minutes. Located just within the M25, Borehamwood has excellent access to the M1, A1 and A41 into Central London.

Oaktrees is situated a short distance from a Tesco supermarket and Borehamwood Shopping Park, which includes Marks & Spencer Simply Food, Next and Boots. Meanwhile, Brent Cross is just nine miles away, with 120 shops to choose from including John Lewis and Fenwick department stores.

Parents will appreciate that there are many schools within close proximity of the development, providing education for children of all ages.

The Mortgage Myths Forum takes place at 11am on Sunday 12th February at the Oaktrees Sales Information Centre, located off Elstree Way, Borehamwood.

For further information, visit taylorwimpey.co.uk.