Mark Smitheringale, head of sales and marketing at Cambridge, said: “Cambridge is excited to be working alongside Taylor Wimpey.
“The general lack of support for first-time buyers is an issue which we are now taking a closer look at. By offering 95% LTV on these selected properties, those people wanting to get on the property ladder can now do so.”
Kevin Belsham, national sales and marketing director for Taylor Wimpey, added: “We have been working hard to secure this mortgage deal which we believe will make all the difference to those who aspire to own their own home but find it difficult to save for the large deposits needed. This is the latest result of our continued discussions with lenders to support this initiative as part of a range of practical and workable solutions to get more first time buyers moving.”
