Mortgage Contribution Scheme On North Of Scotland Sites

New homeowners could receive £750 towards monthly mortgage repayments thanks to a new initiative launched by the UK’s largest homebuilder – WhatHouse? Award-winning Barratt Developments.

With the aim of helping potential buyers in Scotland get on the property ladder at a time of inflation and rising household bills, the mortgage contribution initiative from Barratt Homes and David Wilson Homes will see the housebuilder contribute £750 for every £25,000 of the purchase price of the property, up to a total of £15,000. This offer is on selected plots to qualifying buyers who reserve and complete by 31 March 2023.

Commenting on the initiative, Douglas McLeod, regional managing director for Barratt Developments Scotland, said: “We’re really pleased to announce our mortgage contribution initiative as we carry on our commitment to helping consumers to buy their own home. We understand that people still aspire to home ownership regardless of the economic environment. This new initiative has been developed to support buyers at this challenging time.”

In addition to saving money on mortgage payments, by purchasing an energy efficient new build home, consumers could also save cash on their energy bills. Barratt Homes and David Wilson Homes feature highly thermally efficient insulation and argon-filled double-glazing, which could make homes up to 65% cheaper to run, saving owners approximately £200 per month compared to an equivalent-sized Victorian home, according to recent research by the Home Builders Federation.

Douglas McLeod added: “We hope that our mortgage contribution scheme, combined with the cost-saving benefits of an energy efficient home, will make a difference to consumers who are hoping to get on to the property ladder.”

David Wilson @ Countesswells

This scheme is available at numerous Barratt Homes and David Wilson developments across the North of Scotland.

David Wilson @ Countesswells to the west of Aberdeen, with four-bedroom houses for sale from £384,995.

Huntingtower, north-west of Perth, which has three- and four-bedroom homes starting at £229,995.

Riverside Quarter, close to the River Don in Persley, with two-bedroom apartments from £154,995 and three- and four-bedroom houses from £209,995.

Charleston Green in Cove, which offers three- and four-bedroom homes starting from £249,995.

Findrassie in Elgin, where Barratt Homes has three- and four-bedroom houses for sale from £204,995. In addition, DWH @ Findrassie has three- and four-bedroom homes starting at £239,995.

Hopecroft in Bucksburn, with a current selection of three-, four- and five-bedroom homes from £249,995.

Ness Castle, just south of Inverness, offers three-, four- and five-bedroom houses with starting prices from £229,995.

Osprey Heights in Inverurie, with three- and four-bedroom house types priced from £229,995.

Westburn Gardens, Cornhill, where one- and two-bedroom apartments are priced between £139,995 to £229,995. There’s a first-time buyer event being held here on Saturday 10 December.

Whiteland Coast in Newtonhill, where four-bedroom homes currently start at £274,995.

King's Gallop in Countesswells, with three- and four-bedroom houses starting at £239,995.

Find out more about current Barratt Homes developments across Scotland.

Find out more about current David Wilson Homes developments across Scotland.

Find retirement homes in Scotland
Find new homes in Scotland