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Taylor Wimpey reports 1,000 Help to Buy reservations

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  • 04/07/2013
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Taylor Wimpey reports 1,000 Help to Buy reservations
Over 1,000 potential home buyers have reserved Taylor Wimpey properties under Help to Buy in the first three months, the property developer has announced.

A further 232 applicants for the government scheme are currently going through the qualification process with the HomeBuy agents, a trading update revealed.

Taylor Wimpey chief executive Pete Redfern said: “We have welcomed signs of significant improvement in the housing market in the first six months of 2013 where we have seen increased consumer confidence, underpinned by both generally improved access to and affordability of mortgage finance and by the recent Government measures.

“This has enabled us to continue our investment in local communities across the UK and play a leading role in the creation of new homes, employment opportunities and infrastructure.”

The housing market in the South East and Midlands regions performed particularly well, the developer said, and there was a strong spring selling season across the UK.

During the first half of 2013, Taylor Wimpey completed 5,192 homes of which 4,229 were private completions. The average selling price increased by 6.25% to reach £187,000.

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