Housebuilder launches mortgage contribution scheme to help buyers get on the property ladder

Douglas McLeod

A new scheme from Barratt & David Wilson Homes Scotland could see homeowners receive £750 towards monthly mortgage repayments.

The mortgage contribution initiative will see the housebuilder contribute £750 for every £25,000 of the purchase price of the property, up to a total of £15,000.

Buyers who reserve selected new homes and move in by 31st March 2023 are eligible.

Douglas McLeod, regional MD 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.”