Taylor Wimpey is hosting an event to explain how simple and affordable it can be for first time buyers to secure their place at its Cedar Drive development.
First time buyers who believe the West Midlands property ladder is out of their reach will think again if they attend Taylor Wimpey's Mortgages Made Simple seminar in Oldbury.
New research reveals that many would-be buyers are deterred from purchasing new homes for sale in Oldbury because they assume they won't qualify for a mortgage. But this special event on February 4 will see Taylor Wimpey set the record straight.
Experts from the house builder will dispel popular misconceptions about mortgage lending and explain to potential first time buyers how it could be much easier than they think to afford their very own Taylor Wimpey Oldbury property at Cedar Drive.
Jan Titley, regional sales and marketing director for Taylor Wimpey, says: "Latest research shows that 92 per cent of people think it is hard for first time buyers to secure a mortgage, and that two out of three prospective property purchasers are completely put off from applying because they fear they will be turned down.
"But the truth is that 90 per cent of first time buyers are successful with their mortgage application through Taylor Wimpey.
"By attending our Mortgages Made Simple seminar, would-be buyers will not only find a new Cedar Drive property could be comfortably within their reach, but they'll be pleasantly surprised at how straightforward and stress-free the whole process can be when purchasing a Taylor Wimpey home - and they may only need a 5 per cent deposit."
The Mortgages Made Simple seminar will include an informative presentation from Taylor Wimpey's experienced sales team and an independent financial advisor to demystify the mortgage application process.
The advisor will also be able to assess individual circumstances on the spot, and offer advice on how it is possible to secure a brand new Taylor Wimpey home at Cedar Drive.
First time buyers can also find out about the range of money-saving incentives offered by Taylor Wimpey. Advisors from Homebuy Agent Orbit will also be on hand to discuss the Government-backed First Buy scheme which means selected new homes can be accessed by eligible purchasers for 80 per cent of the full price, including a 75 per cent mortgage and a 5 per cent deposit, subject to status.
A stylish selection of high quality properties is currently on sale at Cedar Drive, with two bedroom starter homes priced from just £124,995 and three bedroom houses from as little as £151,000.
First Buy closed to new applications in April 2013. For the latest incentives, click here.
Some information contained herein may have changed since it was first published. SmartNewHomes strongly advises you to seek current legal and/or financial advise from a qualified professional.