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Thinking of buying a new home? Get the facts from Taylor Wimpey

Taylor Wimpey points out that:

FACT…The number of mortgage approvals has more than doubled in the last 12 months and net lending has increased for the third month in a row signalling increased activity in the housing market (Bank of England)

FACT…In the next 12 months, net lending on homes is predicted to double from £8 billion to £15 billion and the number of housing market transactions is expected to rise (Council of Mortgage Lenders)

FACT…Average property prices rose by 5.9% in 2009 (Nationwide)

FACT…Both Lloyds Banking Group and Santander have said that a wider range of mortgages with a loan-to-value of 90% should become available over the next few months

FACT…With Taylor Wimpey’s Deposit Match scheme you could double your deposit up to 10% of the purchase price so you get a smaller mortgage and could secure a better interest rate

FACT…Home affordability has improved significantly for potential first-time buyers over the past year (Halifax First-Time Buyer Annual Review)

FACT…With Taylor Wimpey’s Easystart Scheme you could buy a new home for as little as 85% of the price now

FACT…Taylor Wimpey has helped hundreds of first-time buyers move into a new home

FACT…Interest rates are currently at a record low

FACT…Even ‘modest’ predictions are for property prices to rise by 40% in the next decade (Savills)

Taylor Wimpey East Anglia has also experienced a successful 2009 having successfully moved hundreds of customers into their new homes throughout the course of the year. In addition to this, Taylor Wimpey East Anglia opened three new developments at Costessey, Bury St Edmunds and Little Paxton, and is planning more openings across the region for 2010.

Taylor Wimpey East Anglia is currently offering a variety of high-quality new homes in areas across the region including Watton, Cambourne, Red Lodge, Norwich, King’s Lynn, Downham Market, Soham, Little Paxton, Dovercourt, Beck Row and Bury St Edmunds. A selection of time and money-saving incentives are available, including the Easy Start shared equity scheme on selected plots at some developments.

Further information is available by calling 01284 773800 or by visiting the website at www.taylorwimpey.co.uk/thefacts