Five star housebuilder reminds armed forces personnel of schemes to help them secure their dream home

As people celebrate the work of servicemen and women during Armed Forces Day today (Saturday, June 24), David Wilson Homes and Barratt Homes are reminding people of their special offers and contributions for Armed Forces personnel.The leading developer understands the importance of having the perfect place to call home and is proud of its Armed Forces Deposit Contribution Scheme which offers army, navy and RAF employees a £500 contribution for every £25,000 on the cost of the new property they are buying, up to a maximum contribution of £5,000.As well as David Wilson Homes and Barratt Homes’ deposit contribution, Armed Forces members can also take advantage of the Forces Help to Buy Scheme which aims to make it easier for servicemen and women who are first-time buyers or those who need to move due to a change in circumstances, to purchase a new home with a 5% deposit and 75% mortgage.The scheme allows regular forces personnel to borrow their 5% deposit as a 10-year interest-free loan of up to 50% of their salary from the Ministry of Defence (MOD).This gives a necessary boost to then secure a 75% mortgage and a 20% Help to Buy equity loan funded by the government.This scheme is planned to run until 31st March 2018, so potential buyers are being urged to move quickly if they want to take advantage of it.

Paul Newman, managing director at Barratt Homes and David Wilson Homes Yorkshire East, said: “We’re very proud of the fantastic work our Armed Forces do and are pleased to be able to help servicemen and women in any way we can to find their perfect home.

“We understand that it’s important to have the perfect place to come home to and have homes available at developments across the Yorkshire region. Our schemes help to take some of the stress out of moving home and we would encourage any army, navy or RAF employees to find out more about what we can offer them.”

David Wilson Homes and Barratt Homes currently both have a range of quality homes available to reserve across its developments in the area, including: Barratt Homes St Wilfrid’s Walk, Brayton, Barratt Homes Belle Vue, Doncaster, Barratt Homes Mowbray Park, Northallerton, David Wilson Homes Pembridge Park, Auckley, David Wilson Homes Grange Park, Hampsthwaite, David Wilson Homes Castlegate, Northallerton, David Wilson Homes Barley Fields, BarlbyFor further information about the Barratt Homes developments and incentives for members of the Armed Forces please call 0844 811 3313 or visit www.barratthomes.co.uk

For further information about the David Wilson Homes developments and incentives for members of the Armed Forces please call 0844 811 5515 or visit www.dwh.co.uk