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.
Karen Armstrong, sales and marketing director for Taylor Wimpey East Scotland, 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)
It’s a fact that Taylor Wimpey East Scotland has also experienced a successful 2009 with demand for new homes strong. So to ensure there’s a positive start to 2010, customers who reserve a new home at any Taylor Wimpey development in the east of Scotland by 31 January 2010, can choose one of a trio off incentives designed to get them on the move this year.
On selected plots customers can opt to use the company’s popular part-exchange scheme to remove the stress and worry of selling their current property, or the company will pay £500 per month towards your mortgage for 12 months. Alternatively Taylor Wimpey East Scotland could cover the cost of stamp duty, and supply carpets on selected plots – effectively extending the governments’ stamp duty holiday and saving customers’ thousands of pounds all at the same time.
With 16 developments across the east of Scotland, including an impressive choice in Midlothian and Fife, Taylor Wimpey offers a broad choice of locations, plus a range of homes and apartments that are designed to appeal to a wide range of customers.
See Also: Property News (5994), Taylor Wimpey (6)
Date Published: 11 January 2010
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