Taylor Wimpey busts mortgage myths for first-time buyers

New research reveals that many would-be buyers are deterred from looking into a property purchase because they assume they won’t qualify for a mortgage – but this special event on Thursday, January 26 will see Taylor Wimpey set the record straight.

Between 5pm and 7pm at Heritage Park in Wixams, near Bedford, Taylor Wimpey experts 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 home.

Steve Rolt, Regional Sales and Marketing Director for Taylor Wimpey, said: “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.

“By attending our First Time Buyer Evening at Heritage Park, would-be buyers will not only find a new 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 five per cent deposit.”

The First Time Buyer Evening 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 Heritage Park in Wixams, or at the leading housebuilder’s Bramble Walk development in Biggleswade or Woodlands Park in Bedford.

First-time buyers can also find out about the range of money-saving incentives offered by Taylor Wimpey, which means they could potentially purchase their new property with only a five per cent deposit.

The Government-backed FirstBuy scheme is one of the initiatives available for first-time buyers at Heritage Park, Bramble Walk and Woodlands Park and 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 five per cent deposit, subject to status.

Full details of these fantastic incentives will be available at the First Time Buyer Evening, along with further information about the high-quality homes at these developments.

Bramble Walk

Jupiter Way, off Saxon Drive, Biggleswade, SG18 8EW

Three and four-bedroom houses from £200,000

0845 072 6591

Heritage Park

Brooklands Avenue, Wixams, MK45 6AX

Three and five-bedroom houses from £190,000

0845 676 2541

Woodlands Park

Crispin Drive, off Ashmead Road, Bedford, MK41 7FL

Three, four and five-bedroom houses from £210,000

0845 672 8367

The First Time Buyer Evening takes place at 5pm on Thursday, January 26 at the Heritage Park Sales Information Centre in Brooklands Avenue, Wixams, Bedford, MK45 6AX.

To book their place at the evening, first-time buyers can book online at Heritage Park or call the sales executive on 0845 676 2541 or email [email protected]