Introducer Today

News Story

Barratt matches FTB deposits on new builds

Wednesday 6th January 2010

Barratt Mercia has set out plans to match pound for pound the deposits saved by first-time buyers up to five per cent of the purchase price of selected new homes in areas in the Midlands.

“You need a huge deposit if you’re buying for the first time,” is a familiar complaint from people who have been priced out of the property market for years. On a property worth GBP 150,000, we can contribute up to GBP 7,500 towards deposits,” said Julia Higgins, sales manager for Barratt Mercia.

“For many people in Coventry this could make the difference between having to continue renting and being able to move into their own home,” she added.

The property developer is also offering a five-year guarantee on fixtures and fittings in new homes at the time of purchase. The offer is available to buyers at the Zest development in Coventry and at the Bluebell development in Nuneaton. Barratt Group is expected to build 12,000 homes in the current financial year, making it the biggest housebuilder by volume in Britain.

Have your say on this story using the comment section below

Send to a Friend

View Comments 0 comments

Report Abuse

There have been no news comments

Post Comments

Please login to post comments:

Post Comments without login

Most Read News Stories:

Regulator to ban self-cert mortgages
Tuesday 13th October 2009

Tesco to launch mortgages before current accounts
Monday 23rd November 2009

Order to suspend HIPs is signed
Monday 17th May 2010

Mortgage advisor pleads guilty to charges
Wednesday 29th October 2008

Case result major blow for claims management firms
Monday 26th October 2009

Discuss in Forum

RSS Feed

Share this article:

Digg it

Del.icio.us

Newsvine

Nowpublic

Feedback:

If you have any questions or suggestions about this article or our news section, please don't hesitate to contact us.

Claims Financial are a market leader in the £30 billion financial compensation market and 99% of our work comes from partners just like you.

Read More