Taylor Wimpey has seen an increase in visitor levels and new home reservations in 2013 across Buckinghamshire, helped by the Government-backed scheme.

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  • Taylor Wimpey secured the first ever Help to Buy completion in the country after the initiative launched on 1 April 2013.

    Help to Buy involves an equity loan scheme which is available on new build properties up to the value of £600,000. There is no salary cap for purchasers, and it is available to both first time buyers and existing home owners. Eligible purchasers receive a Government loan of 20 per cent, which means that they only need to put down a 5 per cent deposit and obtain a 75 per cent loan-to-value mortgage.

    Housing minister at the time of Help to Buy's launch, Mark Prisk, said: "I'm delighted that, just five weeks after the launch of Help to Buy in the Budget, the scheme's first buyers are moving into their new property and I wish them all the best for the future in their new Taylor Wimpey home."

    Darren McCormack, regional sales and marketing director, added: "The new Help to Buy housing measures have been welcome news for home hunters. We have seen significant increases in customer interest across Buckinghamshire following its announcement and the scheme has already proven popular for those looking to get onto or move up the housing ladder.

    "The measures announced by the chancellor will help home builders get Britain building and add a welcome vibrancy to both the new and second hand market in Buckinghamshire over the next three years. The country is desperately in need of more homes and we welcome the Government's focus on addressing this."

    McCormack added: "Since Help to Buy launched we've also seen a huge increase in people visiting our online information about the scheme. On the Taylor Wimpey website you can find helpful videos explaining how the scheme works, a buyer's guide and frequently asked questions. Home hunters in Buckinghamshire can also visit any of our developments to discuss how Help to Buy could help them move into their dream home."

    Taylor Wimpey has a number of developments in Buckinghamshire offering a wide range of homes and incentives designed to help purchasers make the move into a new home.

    The developer's Old Kiln Lakes development, located on Station Road in Chinnor, is currently selling two, three and four bedroom homes with prices starting from £230,000.

    Taylor Wimpey's Hartwell Meadows development is located on Weedon Hill in Aylesbury, where there are one and two bedroom apartments and four bedroom homes. Prices start from just £125,000.

    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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