Bigger range of key workers get housing ladder boost from Barratt Homes

Key workers, including those working in education, civil service, defence, emergency services, transport and more, could receive up to £15,000 towards a new five-star property thanks to a new pilot deposit contribution scheme being launched by Barratt Homes.

Bigger range of key workers get housing ladder boost from Barratt Homes

The ‘Key Workers Deposit Contribution’ scheme is being trialled across selected plots at Barratt North Scotland’s Aberdeen developments, namely Riverside Quarter, Westburn Gardens, Whiteland Coast and Countesswells.

Under the pilot, key workers who are looking to buy a home will receive a deposit contribution of £750 for every £25,000 spent, up to a maximum of £15,000.

To make their move even easier, Barratt Homes is also offering key workers free flooring, upgrades or even additional contributions for a limited time on selected properties such as apartments at Riverside Quarter and Westburn Gardens.

David Palmer, managing director for Barratt North Scotland, said: “We’re always looking for ways to support buyers looking to invest in a five-star Barratt home and we’re especially proud to trial this new scheme for the key workers that have worked so hard during the pandemic.

“As government-backed schemes like Help to Buy and the First Home Fund have closed, we want to ensure buyers aren’t left behind and still have opportunities to get onto the housing ladder. This pilot, as well as our new ‘Deposit Unlock’ scheme and other support initiatives like Part Exchange are helping to ensure home ownership remains an accessible dream for many.”

The Key Workers Deposit Contribution scheme is also open to anyone employed by the NHS, fire and police services, local authority, any educational institution and more.

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