a boost for first-time buyers

Friends & Family Deposit Boost

If you're a first-time buyer, here's how we can help you buy your dream home with family support.

People in kitchen

What is the Friends & Family Deposit Boost?

Friends & Family Deposit Boost is a scheme that matches the financial support you receive from your family or friends, up to 5% of the purchase price of your new Taylor Wimpey home
For example, if your parents give you £10,000 towards a £200,000 home, we will also give you £10,000, making your total deposit £20,000
This means you can reduce your mortgage amount and monthly payments, making your home more affordable
Otherwise, if you have enough of a deposit, you could use the Friends & Family Deposit Boost to upgrade your home or your home's options instead

TW staff with customer

What are the benefits of the Friends & Family Deposit Boost?

The Friends & Family Deposit Boost is a great way to get on the property ladder with a higher deposit and a smaller mortgage or to upgrade your home or your home's options
You can choose from a range of high-quality new homes across the UK, designed to suit your lifestyle and needs
You can enjoy peace of mind knowing that you are buying from a trusted homebuilder with a 5-star rating from the Home Builders Federation
You can rely on our expert sales team to guide you through the home-buying process and offer you the best advice and support

Typical Taylor Wimpey street scene

How can I apply for the Friends & Family Deposit Boost?

To be eligible for the Friends & Family Deposit Boost, you must be a first-time buyer and claim the offer at the point of reservation of your Taylor Wimpey home
You must also provide proof of the financial support you are receiving from your family or friends. This should be in the form of a letter and bank statement showing proof of funds received
You must complete the purchase of your new home within the agreed timescale and pay any charges that apply
On the date of legal completion, the agreed Taylor Wimpey contribution will be deducted from your completion statement, subject always to the contribution being up to a maximum of 5% of the purchase price of your new Taylor Wimpey home

Couple in living room