Swindon househunters to benefit as Barratt David Wilson Homes extends scheme

By Barrie Hudson - 17 June 2024

BusinessHome and Garden
  • Orchards Rise in Wichelstowe

    Orchards Rise in Wichelstowe

Barratt Homes Bristol and Barratt David Wilson Homes South West have extended their deposit contribution scheme in Wiltshire.

The latter firm's developments include Orchards Rise in Wichelstowe.

Their scheme has been extended to include the 37,000 employees and volunteers of the Royal National Lifeboat Institution (RNLI), as well as the country’s 60,000 foster carers.


It was originally launched in 2022 to celebrate the 75th anniversary of the National Health Service and supports more key workers to afford a new home by helping to pay their deposit.


In addition to the NHS, workers in the education sector, police, fire service, Ministry of Defence, Environmental Service, National Highways, Transport Scotland & Transport for Wales, Probation Service, the local authority, and the Prison Service have all enjoyed assistance to get on to the property ladder, take a step up, or even to downsize. 


So far, the scheme has supported more than 2,000 key workers across the UK, totalling around £34m.


The scheme means key workers can be offered £1,000 as a deposit contribution for every £20,000 of a home’s purchase price. So, for example, on a home costing £325,000, key workers would qualify for a contribution of £16,250.


As well as the deposit contribution, the housebuilder is also offering flooring, worth up to a further one percent of the value of the home.


Andrea Pilgrim, sales director for Barratt Homes Bristol, said: “We’re proud to offer initiatives like our Key Worker Deposit Contribution scheme to thousands more deserving individuals. 

"The scheme is designed to ease the financial burden for those who tirelessly serve our communities.”

Louise Ware, sales director for Barratt David Wilson Homes South West, added: “Our Key Worker Deposit Contribution Scheme has already helped more than 2,000 buyers purchase an energy-efficient home. 

"We’re now extending the scheme to include those who do outstanding and selfless work both with the RNLI and foster care services.”

Dave Nicoll, Fundraising Partnership Lead at the RNLI, said: “We are delighted to join this scheme and work with Barratt David Wilson Homes to offer RNLI employees and volunteers the chance to buy their own home.”

The Wichelstowe development will deliver 3,000 new homes over the next 20 years, along with new schools and community facilities. The 250-hectare site on the southern edge of Swindon will include extensive open spaces, nature conservation areas, playing pitches and allotments.

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