Company to build on 13 sites
Help to Buy spurs Barratt homes expansion
The new sites will underpin around 4,000 existing and newly-created jobs.
The company said the expansion plans follow a strong recovery in the housing market following the launch of the Help to Buy scheme.
Douglas McLeod, regional director at Barratt Scotland, said: “We have seen demand for new homes expand very quickly over the year and the new sites we are opening mean that there will be more choice for local buyers.
“And it’s good news for the local economy, as in addition to supporting existing local construction jobs as well as creating new ones by building new homes, the local people who move into the new housing will also spend their wages locally. This means a significant boost for local retailers as well. It’s exactly what our local communities need.”
Mr McLeod said underpinning construction jobs weren’t the only piece of good news for people in the North of Scotland in 2015.
He added: “The really great news this year is the continuation of Help to Buy Equity mortgages, which means first time buyers and those moving up the housing ladder can get moving with just a five per cent deposit, a 20% equity loan, and a 75 per cent mortgage.”
The full list of confirmed new Barratt sites in Scotland are:
· Newcraighall Village, Newcraighall
· Duddingston Gardens, Edinburgh
· Alnwickhill, Edinburgh
· Kings Way, Renfrew
· Highland Gate, Stirling
· Silver Bell, Hamilton
· Parklands, Coatbridge
· Barclay Grange, Newmachar
· Harlaw Gait, Inverurie
· Ocean, Aberdeen
· Muggiemoss Road, Aberdeen
· Mugiemoss Village, Aberdeen