Barratt and David Wilson Homes have announced that they will be extending the 5% deposit contribution for NHS workers across Nottinghamshire.
The leading homebuilders started the scheme last year at the height of the pandemic to thank those working for the NHS. Initially, the scheme was due to finish at the end of December but the support for the country’s NHS heroes was recently extended by an additional six months.
Selected properties are available to purchase using the scheme and homes must complete on or before 18th June 2021.
Since the launch of the scheme, the extra support available across Barratt and David Wilson Homes’ operational areas of Nottinghamshire, Derbyshire, Leicestershire, Warwickshire and Lincolnshire, have led to 224 reservations being made by NHS employees using the scheme so far. The homebuilders are hoping to assist many more in purchasing their dream home over the next six months.
Jan Ruston, Sales Director at Barratt Homes North Midlands, said: “Barratt and David Wilson Homes’ Deposit Contribution scheme has already helped 1,000 NHS workers across the UK to buy their own homes, saving them more than £10m in the process.”
Rachael Harrison, Sales Director at David Wilson Homes East Midlands, said: “We want to continue to support vital NHS workers in the New Year so we’ve extended the scheme for six more months until June 2021.”
The homebuilders have been supporting the NHS throughout the pandemic. At the beginning of the pandemic, Barratt Developments donated its entire stock of PPE masks to help them stay safe. This was followed by a donation of defibrillators to St. John’s Ambulance to aid communities, and a £100,000 donation to support NHS frontline staff and volunteers.
Barratt and David Wilson Homes’ scheme works by offering NHS workers a 5% deposit contribution up to £15,000. For example, if they were interested in a home costing £200,000, they could qualify for a contribution of £10,000. Those wishing to apply should speak to a Sales Adviser during an appointment, who can introduce applicants to a specialist New Homes Mortgage Adviser.
Barratt Homes North Midlands and David Wilson Homes East Midlands are currently building quality homes at a range of developments in Nottinghamshire including Romans’ Quarter in Bingham and Fernwood Village in Newark.