If you'd like a new home but are in no rush to move, then you should consider buying one of the homes available at Taylor Wimpey's Sylvan Heights development in Exeter.

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  • With the first homes not ready for occupation until May, buyers eager to take advantage of 2009 prices and Taylor Wimpey's Smart Money scheme can reserve their dream home and then sit back and wait for it to be built, while having their current mortgage or rent paid for them.

    Janine Davey, regional sales and marketing director, said: "We're delighted to have launched Sylvan Heights and are urging house hunters to consider the benefits of buying a home off-plan. With house prices increasing month by month, reserving one now, rather than in the New Year, should give you better value for money.

    "In addition to this, you'll have the pick of the best plots, an input into the interior design of your home and be able to benefit from our Smart Money scheme. When you take all of this into account what reasons do you have for not buying now?"

    Under the Smart Money scheme, once you've reserved your new home, Taylor Wimpey will pay either the rent or mortgage on your existing property until your new one is ready to move into.

    Davey adds: "Smart Money is a fantastic scheme designed to help make the moving process more affordable. By covering the cost of your mortgage or rent we can help to free up some spare cash that you can put into savings or splash out on the latest furnishings for your new home. So if you're a first time buyer or looking to make a bigger step up the ladder come and talk to us to find out more."

    The Smart Money scheme is currently available on a selection of two bedroom apartments at Sylvan Heights in Exeter, with prices starting from £199,995. Featuring an open plan living / dining room, modern kitchen, two bathrooms, one ensuite and a contemporary separate bathroom, the apartments are ideal for first time buyers, investors or buyers looking to downsize from a large home. Part Exchange is available on a number of the three, four and five bedroom houses at the development.

    Sylvan Heights will cater well for commuters, with the M5 and A30 trunk roads readily accessible and Exeter's international airport just a few miles away within easy reach, for travel further afield.

    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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