Taylor Wimpey launches mortgage guarantee scheme

Feb. 15, 2011
Taylor Wimpey has announced that it is launching a mortgage guarantee scheme, potentially offering 95% mortgages to first time buyers. The Take5 deal, in conjunction with Melton Mowbray Building Society and Saffron Building Society, means that home buyers may only need a deposit of £5,750 to secure a two-bedroom home. The UK average deposit is £28,770. The new mortgages have …

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