Housebuilder Highlights Norfolk Key Worker Deposit Scheme
Posted 24 March 2023 byÂ
Keith OsborneFormer WhatHouse? Housebuilder of the Year Barratt Developments is pulling out all the stops to make sure key workers in Norfolk are aware of their eligibility for a £1,000 contribution for every £20,000 spent on one of its brand new homes across the county.
Under its Barratt Homes and David Wilson Homes brands, the developer is spreading the message to all essential workers that they might be entitled to support through its Key Worker Deposit Contribution scheme.
The Trades Union Congress (TUC) estimates that 9.9million employees in the UK are defined as key workers, with 5.3million in the private sector, and 4.6million in the public sector. As of October 2022, the NHS in England employed 1.5million people, as reported by Nuffield Health, which demonstrates how many essential workers there are outside of the health industry.
Barratt and David Wilson Homes’ Key Worker Deposit Contribution scheme is available to those in the NHS, but also to an extensive list of those in education, the police force, fire service, environmental service, probation service, local authorities, prison service, as well as anyone at the Ministry of Defence or National Highways.
For those using the scheme before 30 June 2023, the housebuilders will contribute £1,000 towards the deposit for every £20,000 spent on the purchase price. For example, on a property costing £450,000, the homebuyer would qualify for a contribution of £22,500.
What’s more, homebuyers using the scheme could also secure up to 1% of the purchase price of the property towards their flooring and installation costs.
Cringleford Heights
Will Phair, sales director at Barratt and David Wilson Homes Cambridgeshire, said: “We launched our Key Worker Deposit Contribution scheme in 2020 as a thank you to the NHS for its efforts during the pandemic and, whilst still eligible for health workers, we’d like to raise awareness of the scheme amongst other essential workers. Teachers, refuge collectors and prison officers are among many other Key Workers who could qualify for a significant contribution towards a new home, and we’re here to help those in such industries progress on the property ladder.”
Barratt Homes and David Wilson Homes have a range of current developments of brand new homes across Norfolk:
Barratt’s Woodland Heath in Sprowston has three- and four-bedroom homes from £301,995 to £439,995. At the same site, David Wilson Homes’ three- and four-bedroom house types start at £343,995.
Cringleford Heights from Barratt Homes, situated on the south-west outskirts of Norwich, offers three- and four-bedroom houses from £332,995. Neighbouring these, David Wilson has its own range of four-bedroom homes priced from £519,995.
Barratt’s Wayland Fields in Watton has three- and four-bedroom homes for sale from £269,995 to £359,995.
Ceres Rise has Barratt houses with two, three or four bedrooms, priced from £234,995.
In Horsford, David Wilson Homes has three- and four-bedroom houses for sale with starting prices from £349,995 to £456,995 at Kingfisher Meadow.
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