SmartNewHomes

Taylor Wimpey has welcomed news that Milton Keynes is the nation's most in-demand property hotspot.

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  • A report which has found Milton Keynes to be Britain's top hotspot for first time buyers has come as little surprise to Taylor Wimpey.

    According to Experian's PropertyCheck report, first time buyers have been flocking to purchase new homes in Milton Keynes where they currently make up almost one in 10 (9.5 per cent) of households in the town.

    The findings endorse Taylor Wimpey's view that the Buckinghamshire town is the perfect place for first time buyers to set up home. The house builder's nine developments of apartments and houses for sale in Milton Keynes prove consistently popular with home hunters.

    Taylor Wimpey's Milton Keynes division offers first time purchasers a range of homes to choose from while its incentives are providing valuable assistance for buyers to get a foothold onto the property ladder.

    Steve Rolt, regional sales and marketing director for Taylor Wimpey, said: "The more first time buyers there are in the town, the better it is for the area's economy as a whole, because without them the local property market would grind to a standstill.

    "A combination of well-connected locations, maintenance-free properties, great value prices and fabulous incentives mean our developments are hard for first time buyers to resist."

    Taylor Wimpey offers first time purchasers two Government-backed incentives to help them secure their first home in Milton Keynes.

    Selected plots at the town's Taylor Wimpey developments are available with the FirstBuy scheme, which lets qualifying first time buyers secure their new home for just 80 per cent of its full purchase price. That's a 75 per cent mortgage and a 5 per cent deposit, subject to status.

    NewBuy, meanwhile, enables credit-worthy purchasers to access 95 per cent mortgages, allowing them take their pick of selected new homes at all of the house builder's developments in Milton Keynes and secure them with just a 5 per cent deposit.

    Some information contained herein may have changed since it was first published. SmartNewHomes strongly advises you to seek current legal and/or financial advice from a qualified professional.

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