More suc­cess for NewBuy

Northants Evening Telegraph - Property - - NEW DEVELOPMENTS -

Tay­lor Wim­pey is main­tain­ing its strong sales mo­men­tum through the Gov­ern­ment-backed NewBuy scheme, break­ing through the 200 sales mark only weeks af­ter reach­ing 100 sales. Tay­lor Wim­pey’s achieve­ment rep­re­sents al­most one-third of the to­tal sales us­ing the scheme, which only launched in March 2012. NewBuy is con­tin­u­ing to be well re­ceived by both first and sec­ond-time pur­chasers. The scheme means credit-wor­thy first­time buy­ers may now only need to save a 5 per cent de­posit be­fore they can get on the prop­erty lad­der. In ad­di­tion, home movers with lim­ited eq­uity in their ex­ist­ing house will also ben­e­fit from the in­crease in avail­abil­ity of 95 per cent loan-to-value mort­gages. Kevin Belsham, Na­tional Sales and Mar­ket­ing Di­rec­tor for Tay­lor Wim­pey said: “The fact that we’ve al­ready reached 200 sales through NewBuy at Tay­lor Wim­pey is tes­ta­ment to our com­mit­ment to sup­port­ing home-buy­ers by en­abling them to move af­ford­ably. The scheme has been an in­valu­able sell­ing tool as it has sup­ported many types of home-mover, in­clud­ing first-time buy­ers and those mov­ing up the prop­erty lad­der. Since its launch, NewBuy is now be­ing of­fered by five mort­gage lenders and over 15 house builders, demon­strat­ing the in­dus­try’s ded­i­ca­tion to as­sist­ing new house hunters achieve their goal of home own­er­ship. I strongly be­lieve that over the com­ing years, the scheme will continue to be a great as­set to both home-movers and the con­struc­tion in­dus­try alike.” For fur­ther in­for­ma­tion on NewBuy and the homes avail­able, please visit www.tay­lor­wim­pey. co.uk/newbuy to view the ‘Ex­plain­ing the NewBuy Scheme’ video.

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