They will be offered a £500 discount for every £25,000 or part thereof on the cost of the property they are buying. For example, on a home costing £126,000 they would qualify for a reduction of £3,000.
The launch of the country-wide offer will coincide with the first ever National Armed Forces Day on 27th June. Barratt is marking the day by donating £10,000 to Help for Heroes, the charity which supports servicemen and women who have been wounded in Britain’s current conflicts.
“This country rightly celebrates the achievements of its Armed Forces which many regard as the best in the world,” said Mark Clare, Chief Executive of Barratt Developments PLC.
“We have an established track record of helping people into home ownership and this offer should enable servicemen and women finally to own the roof over their heads and save thousands of pounds.”
“Now is a good time to buy because prices and mortgage rates are significantly lower than they were two years ago.”
“What gives us the edge is that we can provide our customers with innovative financial incentives which enable them to get a mortgage – the key issue for anyone buying today.”
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