First-time buyers can own a brand new Taylor Wimpey home with just a 5% deposit!

The newly increased maximum loan size from Santander – at 90% for the first time in two years – puts selected homes at developments in Shropshire, Staffordshire, Birmingham, Warwickshire and Derbyshire within reach of purchasers who have a deposit saved or who can receive help finding the down-payment from their families.

As well as contributing 5% of the property’s value – up to £10,000 – Taylor Wimpey can also offer assistance with stamp duty and legal fees.

Daniel McGowan, Sales and Marketing Director for Taylor Wimpey North Midlands, says: “It’s been particularly hard in recent months for first-time buyers to find an affordable mortgage and save up the required deposit.

“Combining the new mortgage deal from Santander with the incentives currently on offer from Taylor Wimpey will slice thousands of pounds off the initial sum that buyers need to secure their first home.”

With a new Taylor Wimpey home costing £160,000, for example, a first-time buyer taking advantage of the combined package will now only need to contribute a deposit of £8,000 rather than £32,000.

Taylor Wimpey currently has a range of stylish apartments and houses available at the following developments across the North Midlands region:

BIRMINGHAM

Century Square, Halesowen                                Tel: 0845 026 3804

Latimer Square, Oldbury                                     Tel: 0845 676 2571

Kingsland Grange, Streetly                                 Tel: 0845 072 9630

DERBYSHIRE

Oakhampton, Hilton                                           Tel: 0845 026 3834

SHROPSHIRE

Castleford, Market Drayton                                 Tel: 0845 026 5330

Priory Gardens, Market Drayton                          Tel: 0845 676 2564        

Earls Meadow, Wem                                          Tel: 0845 676 2377

Nightingales, Shifnal                                           Tel: 0845 072 9842

STAFFORDSHIRE

Farriers Keep, Newcastle-under-Lyme                  Tel: 0845 072 9655

The Pinnacle, Stoke-on-Trent                              Tel: 0845 026 5324

Canalside Wharf, Weston                                   Tel: 0845 026 3780

TELFORD

Oakham Manor, Lightmoor Village                       Tel: 0845 026 3798

Wenlock Square, Telford                                     Tel: 0845 072 9701

WARWICKSHIRE                                                         

The City, Coventry                                              Tel: 0845 026 3810

Bannerbrook Grange, Coventry                            Tel: 0845 026 3828

Further information on Taylor Wimpey developments across the region is available by calling 01543 496 700, or by visiting the website at www.taylorwimpey.co.uk.