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Buying vs Renting

Stepping onto the property ladder is a huge milestone and is a great way to invest in your future. By making monthly mortgage payments, you are investing in your biggest asset - your home. Historically property prices have risen, which means that your home may increase in value over time.

Couple in kitchen

You may not even need a deposit

Did you know that you could be eligible for a deposit free, 100% mortgage? This may be available to first-time buyers who have been renting for 12 months. This could be an ideal way to take your first step into home ownership.**

For more information, speak to an independent mortgage advisor.

Typical Taylor Wimpey street scene
Why not invest in your future rather than someone else's?

Owning a home could be cheaper than renting

According to the financial reporter, first-time buyer mortgage payments are 17% cheaper than renting, even with a 95% LTV.

This could save a first-time buyer up to £32,000 after five years compared to renting.*

 

Couple on sofa

*Source: Financial reporter - First-time buyer mortgage payments 17% cheaper than renting - even at 95% LTV

**Taylor Wimpey is not authorised by the Financial Conduct Authority and therefore cannot provide any advice in relation to mortgages and/or interest rates. If you would like to discuss your options in this respect, please seek the advice of a Mortgage Broker.