Taylor Wimpey, one of the UK's leading housebuilders, is starting the New Year with a new campaign urging buyers to 'Get the Facts' when it comes to getting on or moving up the property ladder. The housebuilder says buyers are confused by the barrage of conflicting reports and opinion on the state of the UK property market and some are putting off moving home as a result.
Sara Taylor, regional sales and marketing director, comments: "It's understandable that people read the headlines and are uncertain as to whether or not now is a good time to buy. But when you look at the latest facts and figures from a range of sources, it's an encouraging picture. We saw a real return in confidence in the market during 2009, with many buyers taking advantage of lower prices, record low interest rates and the range of practical and financial schemes on offer."
Taylor Wimpey points out that:
FACT ..... The number of mortgage approvals has more than doubled in the last 12 months and net lending has increased for the third month in a row signalling increased activity in the housing market (Bank of England)
FACT .... In the next 12 months, net lending on homes is predicted to double from £8 billion to £15 billion and the number of housing market transactions is expected to rise (Council of Mortgage Lenders)
FACT .... Average property prices rose by 5.9% in 2009 (Nationwide)
FACT .... Both Lloyds Banking Group and Santander have said that a wider range of mortgages with a loan-to-value of 90% should become available over the next few months
FACT.... With Taylor Wimpey's Deposit Match scheme you could double your deposit up to 10% of the purchase price so you get a smaller mortgage and could secure a better interest rate
FACT .... Home affordability has improved significantly for potential first time buyers over the past year (Halifax First-Time Buyer Annual Review)
FACT... With Taylor Wimpey's Easystart Scheme you could buy a new home for as little as 85% of the price now
FACT .... Taylor Wimpey has helped hundreds of first time buyers move into a new home
FACT .... Interest rates are currently at a record low
FACT .... Even 'modest' predictions are for property prices to rise by 40% in the next decade (Savills)
Homes at Taylor Wimpey’s developments across South Wales are being snapped up by purchasers eager to secure stylish, high quality properties in convenient locations, without hefty price tags.
Anyone looking to secure their dream home in South Wales should visit Taylor Wimpey's marketing suites, where expert sales advisors are on hand to discuss the stylish range of properties available and how they can help get you moving.
See Also: Property News (6699), Taylor Wimpey (1857)
Date Published: 08 January 2010
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