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NewBuy Scheme Sparking Huge Amount of Interest

ID: 1093335

(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwire) -- 03/15/12 -- Leading housebuilder David Wilson Homes heralds the enormous interest in the Government's NewBuy scheme which launched on 12th March.

Around 20,000 potential homebuyers pre-registered their interest on the company's website nationally for the scheme which brings the return of the 95 per cent mortgages for buyers of .

Reportedly the weekly registration rate is now hitting 1,500.

The driving force behind the interest in the scheme is the dramatically reduced deposit needed to buy a , providing creditworthy buyers with the best opportunity in five years to get on the property ladder.

Would-be homebuyers are also being given a helping hand by DWH with a helpline - 0844 815 6178 - in order to deal with the increased level of interest.

It has also pledged that its network of mortgage advisers will be available seven days a week so that NewBuy mortgage applicants can get independent advice and a quick decision.

Alastair Parsons, Senior Sales Manager at David Wilson Mercia said: "I would urge anyone interested to contact us as soon as possible. We will explain how the new system will work and talk our customers through the reduced deposit requirements.

"The key thing is that people will no longer need huge deposits of up to 20 per cent.

"Even though house prices have fallen since 2007, not everyone has been able to take advantage because of the hefty deposits which lenders have been demanding ever since the credit crunch began.

"In practice that means that you could buy one of our new homes with a deposit of GBP 9,000."

Speaking on the launch of the scheme, Prime Minster David Cameron commented: "Strong families and stable communities are built from good homes. That's why I want us to build more homes and I want more people to have the chance to own their own home.

"We are acting today across the board to make this happen.





"It's a vital boost to the housing market, giving people good affordable new homes and backing thousands of jobs in construction in the process."

NOTES TO EDITORS:





Contacts:
Meriden Gate or David Wilson Mercia
Hannah Elwell
Director of PR
0116 247 1777


Meriden Gate or David Wilson Mercia
Sophie Redman
PR Account Executive
0116 247 1777


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 15.03.2012 - 10:37 Uhr
Sprache: Deutsch
News-ID 1093335
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