SmartNewHomes

Buyers in the area are being offered the opportunity to snap up a new home for less with the house builder.

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  • The Government's Help to Buy shared equity scheme is now available at Taylor Wimpey's Cedar Drive in Oldbury, Himley View in Kingswinford and Primrose Gardens in Netherton in the West Midlands.

    It enables first time buyers and existing homeowners to secure their new property for just 80 per cent of its full price, including a 5 per cent deposit.

    This incentive means the one bedroom Berrington coach house-style apartment at Primrose Gardens, for example, can be secured for 80 per cent of its full £79,995 price - that's only £63,996, including a deposit as low as £4,000.

    Elaine Taylor, regional sales and marketing director for Taylor Wimpey, said: "The Help to Buy scheme will make a huge difference to a range of would-be buyers in the Dudley area who can afford the monthly mortgage repayments on a wonderful new home, but not the hefty deposit."

    Help to Buy involves a Government loan of 20 per cent being provided to eligible purchasers on new homes up to the value of £600,000. There is no salary cap for customers using the scheme and it is available to both first time buyers and existing homeowners.

    To find out more about securing a new home for less under Help to Buy, buyers should contact the following developments:

    Cedar Drive
    Two, three and four bedroom homes from £119,995 (80 per cent Help to Buy prices from £95,996)
    Rood End Road, Oldbury, B69 4HT

    Himley View
    Two, three and four bedroom properties from £105,995 (80 per cent Help to Buy prices from £84,796)
    Stallings Lane, Kingswinford, DY6 7HU

    Primrose Gardens
    One, two and three bedroom homes from £79,995 (80 per cent Help to Buy prices from £63,996)
    Northfield Road, Netherton, DY2 9JA

    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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