SmartNewHomes

The house builder is offering aspiring homeowners an opportunity to leap onto the property ladder by matching their deposit.

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  • The house builder's Deposit Match allows buyers who can raise a deposit of up to 10 per cent of the price of selected new homes at developments across the region see their down-payment instantly doubled. It allows prospective buyers to put down up to 20 per cent of the purchase price.

    This incentive helps open up a wider range of mortgage deals so purchasers can save thousands of pounds on their new home - both now and in the years to come.

    Kelly French, sales and marketing director for Taylor Wimpey in East Midlands, says: "Deposit Match provides a fantastic opportunity for buyers who would otherwise struggle to raise enough money for a significant down-payment on their first home.

    "That means that instead of saving for months, or even years, they can take advantage of today's great value prices to secure their dream home at one of Taylor Wimpey stunning developments across the East Midlands."

    Deposit Match is provided in the form of an interest-free loan from Taylor Wimpey, which is repayable over a period of 10 years.

    And following the announcement from lender Santander that 90 per cent mortgages are now available to first time buyers purchasing new build homes, it means the first step onto the property ladder is now achievable with only a 5 per cent customer 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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