Buckinghamshire developer helps 65 NHS workers make a move with deposit contribution

Business and Economy
A typical street view at David Wilson Homes’ development Brooklands in Milton Keynes

Since the launch of its NHS Deposit Contribution Scheme on 23rd May, Barratt and David Wilson Homes South Midlands has helped 65 NHS employees secure a new home.

The scheme, launched by parent company Barratt Developments, sees NHS employees receive a 5% contribution towards their deposit, up to £15,000, to help them buy a new home as a thank you for their hard work during the Covid-19 crisis.

Since the introduction of the scheme, Barratt and David Wilson Homes has helped NHS workers across its operational areas of Buckinghamshire, Bedfordshire, Cambridgeshire and Northamptonshire, with 65 properties reserved using the scheme so far.

The NHS incentive can also be used in conjunction with the government Help to Buy scheme, offering further support to those looking to purchase their first home.

In the Summer Budget announcement, the Chancellor declared there would be no Stamp Duty to pay on properties up to the value of £500,000 on sales that have legally completed before 31st March 2021. It’s estimated that the scrapping of Stamp Duty will benefit nine in ten homebuyers in England and Northern Ireland, saving £4,500 on the average purchase, making it an ideal time for those in search of their first or family home to take advantage of these savings across the region.

Jason Hearn, Sales Director at Barratt and David Wilson Homes South Midlands, said: “It’s brilliant to see NHS workers in the county are making use of the NHS Deposit Contribution Scheme. The National Health Service has worked incredibly hard during the Covid-19 pandemic and we are really pleased that the scheme is already benefiting those who deserve it the most.”

Barratt Homes currently have properties available at Eagles’ Rest in Milton Keynes. David Wilson Homes also has properties at Eagles’ Rest, as well as Brooklands in Milton Keynes and Lavendon Fields in Lavendon.

For further information, call the Barratt Homes sales team on 033 3355 8510, or the David Wilson Homes sales team on 033 3355 8486. Alternatively, visit the website at www.barratthomes.co.uk or www.dwh.co.uk.