Renters reap rewards of Help to Buy
Help to Buy is helping more renters in Darlington to get onto the property ladder at Taylor Wimpey’s Millfields development, thanks to the timely process and low five per cent deposit required through the scheme.
Families like the Richardsons, recently moved to their dream home at the development, after renting nearby for more than 12 years.
Gary Richardson, who has moved with wife Sheena and their children, explains what Help to Buy has done for his family. He comments: “We thought that we would be renting until we retired, however, when visiting the bank one day we were introduced to Help to Buy - which has made moving much more affordable.
“We were instantly drawn to Taylor Wimpey’s homes, due to the layout, the landscape and of course the location of Millfields.”
The government-backed Help to Buy scheme, enables buyers to secure a brand-new home with just a small five per cent deposit.
The Richardson family purchased a three-bedroom Alderton townhouse at Millfields. The property features a fitted kitchen overlooking the front of the home, a spacious living room with dining area and French doors leading to the rear garden, as well as an en-suite to the master bedroom.
Debbie Whittingham, sales and marketing director at Taylor Wimpey North Yorkshire, explains: “It’s great to see that Help to Buy is enabling more families to get onto the property ladder at last.
“It’s perfect for families like the Richardsons who thought they would never own home, as the low five per cent deposit enables buyers to save much faster.”
Gary concludes: “Help to Buy has been incredible and without it, we wouldn’t be homeowners.
“The service we have received from Taylor Wimpey has been amazing, and we would definitely recommend Millfields and the scheme to anybody in a similar situation to us.”
Scheme reignites the dream for first-time buyers
The government-backed Help to Buy initiative has reignited the dream of home-ownership for aspiring buyers in Darlington, according to property developer Taylor Wimpey.
Since launching its Millfields development last year, the home-builder has witnessed an influx of sales from first-time buyers who have been able to take advantage of the low five percent deposit required through Help to Buy, to take that valuable first step onto the housing ladder.
Marie and Stuart Mathers, who recently moved to the popular Millfields site at Lingfield Point, describe how they wouldn't have even been looking to buy yet, had it not been for the initiative.
Marie explains "We were living with my parents to avoid wasting money on rent, and so we could save the deposit for a home quicker". "When we heard about Help to Buy and visited Millfields, we couldn't believe how easy it could be and that just five percent deposit for a new home could get us on the ladder".
Help to Buy allows buyers the chance to secure any property at Millfields with only a five percent deposit; while also benefiting from a twenty percent equity loan.
Debbie Whittingham, sales and marketing director for Taylor Wimpey North Yorkshire comments “When it comes to buying a home, particularly if it's your first property, saving the deposit is often the main drawback. Since we introduced Help to Buy though, we've had a number of new buyers like the Mathers come through the door, because knowing all you need is five percent deposit makes all the difference, we're thrilled to be helping so many customers move to a new home".
Marie concludes "We absolutely love it at Millfields ! There's so much green open space and the service from Taylor Wimpey has been incredible. Anybody who has been struggling to save or avoiding looking because of the deposit should absolutely look into Help to Buy".
Perfect scheme in Part Exchange
Affording a sustainable, flexible, low-energy family home close to both school and work is a dream for many working parents, but thanks to Taylor Wimpey’s Part Exchange scheme, a Darlington mum has achieved just that.
Caroline Lonsdale, a product manager for Magnet Kitchens, and her a six year old son, Ellis, recently moved to Taylor Wimpey’s popular Millfields development, all thanks to the scheme.
Caroline explains: “We had been looking for a home that would enable me to manage the school run and the commute, while providing a safe, quieter location.
“I really wanted a new-build and on viewing the show home at Millfields, I fell in love. Thanks to the Part Exchange scheme, we were able to afford our wonderful new home and the process was completely smooth and stress-free.”
The developer’s Part Exchange scheme gives existing home-owners the option of having Taylor Wimpey become the cash buyer for their property in exchange for a new home.
Debbie Whittingham, sales and marketing director at Taylor Wimpey North Yorkshire, comments: “Stamp duty reforms have made buying a new property much more affordable and schemes like Part Exchange, mean homes on Millfields are made even more accessible to those in the Darlington area.
“The scheme has been incredibly successful with families looking to move to a bigger home and, as there are no lengthy buying chains, many of our customers have even found that they have been able to move in a matter of weeks.”
Caroline concludes: “Ellis and I are delighted with our new home. We can now walk to school together, which we weren’t able to do before, and the development is full of families so there is a real feeling of community. We just love it.