News from Solicitors Conveyancing in Bradford - First-time buyers in the borough now have the opportunity to get on the property ladder due to the government’s newly launched FirstBuy scheme. The initiative was introduced earlier this year in an effort to support buyers who would not otherwise be able to afford to purchase a home due to large deposits that are now required by mortgage lenders.
Taylor Wimpey is supporting the scheme on homes at its new Bradford development located at Fairview Green, midpoint off Dick Lane, BD3 7AY. The development offers a collection of 3 and 4 bedroom dwellings as well as a range of 2 bedroom apartments, making it ideal for both first-time buyers and families alike.
There are several other new build projects in Bradford by Taylor Wimpey with only a few homes remaining; individuals that are eager to move but struggling to sell an existing property are urged to employ the expertise of a Solicitor specialising in Conveyancing in Bradford to avoid missing out on this opportunity.
Purchasers only need put down a 5% deposit and obtain a loan-to-value mortgage for the remaining amount. The loan is repayable at the end of the 25 year mortgage term or when the property is sold. To be eligible, purchasers must be first time buyers and the total household earnings should be less than £60, 000. A two bedroom apartment at Fairview Green, for example, priced from £63, 996 would require a deposit of only £3, 999.
While prices, schemes and pictures of the beautiful homes are all attractive to buyers, the knowledge of a qualified Solicitor for Conveyancing in Bradford can help you deal with all the legal aspects of your transaction from start to finish.
For more information about Conveyancing in Bradford, contact us on 0330 660 0286.