New homeowners across Scotland could receive £750 towards monthly mortgage repayments thanks to a new initiative launched by the UK’s largest homebuilder. Barratt Homes and David Wilson Homes will contribute £750 for every £25,000 of the purchase price of the property, up to a total of £15,000.
As the nation continues to battle the cost of living crisis, the new scheme will help potential buyers to get on the property ladder at a time of inflation and rising household bills. Buyers who reserve selected new homes and move in by March 31, 2023, are eligible, enabling some homeowners saving up to £15,000 on the first year of their mortgage repayments.
In addition to saving money on mortgage payments, by purchasing an energy efficient new build home, consumers could also save around £200 each month on their energy bills.
