Leeds property news: Barratt housebuilding pledge will create jobs and investment

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With the house building sector currently experiencing a boom and media spotlight focusing on the lack of new housing throughout the UK, Barratt Developments in Yorkshire, which includes both the Barratt Homes and David Wilson Homes Yorkshire West and Yorkshire East divisions, has announced that for the 2015 financial year, it will be boosting its output with the construction of 1,400 new homes across the region.

The plans will help to support over 3,000 jobs across the county of Yorkshire.

This further demonstrates Barratt’s dedication to employment within the region, which will see Barratt take on 12 new apprentices in August, who will join the 34 apprentices and graduates already employed in the Yorkshire division.

This is alongside an investment of over £68m in the local economy over the past year through utilising local sub-contractors and suppliers.

A further 17 developments are set to launch in the 2015/2016 financial year, bringing an additional boost to the local economy as well as addressing the national housing shortage.

The new East Yorkshire David Wilson developments include The Pastures in Knaresborough and Aspect in Anlaby, while the new Barratt sites will be launching in Doncaster, Barlby and Stamford Bridge.

Barratt Developments in Yorkshire is also hoping to build on its success last year, which saw the Home Builders Federation (HBF) awarded the housebuilder its maximum five stars rating, this means it has consistently delivered homes that over 90 per cent of owners would recommend to a friend, and makes Barratt the only major national housebuilder to achieve the feat.

Ian Ruthven, managing director at Barratt Developments’ Yorkshire West Division, said the pledge to build more homes would have a knock-on effect on the local economy in general.

He said: “It’s no surprise that when the house building sector picks-up in terms of demand, then we are able to work more closely with the local community and help to underpin jobs, which in turn helps to support the local economy.

“It is fantastic that the demand for new homes in the area is present, and the additional 1,400 homes we build this coming year should help many families take that next step on the property ladder.”

Paul Newman, managing director at Barratt Homes Yorkshire East, added: “It’s great news for Barratt that there is continued demand for new homes, whether its first time buyers looking to purchase their first house or existing homeowners who want to move up the property ladder. Obviously, the local economic benefits that come with this increased output are another bonus, especially as the construction of these homes will help to support around 3,000 jobs across the Yorkshire region.”