Through its new Education Workers Scheme, Barratt Developments, which includes Barratt Homes and David Wilson Homes, helped education workers across East Yorkshire save over £600,000 as they step onto, or further up, the property ladder.
Nurseries, schools, colleges, and universities that are members of the Education Workers Scheme can get 7% off the price of a new home, which translates to £15,000 off every £500,000.
Nearly 80 education workers have benefited from the Education Workers Scheme since its launch in February, saving them an average of £7,600 each.
Matthew, a teacher from Driffield was one of the first to take advantage of the Education Workers Scheme. He said;
“I think the scheme is a brilliant idea, as I’m now able to put the money I’ve saved to other uses, whilst also supporting the school I work in.”
“It’s also really encouraging to see the local housebuilder support local schools and their workers within the area too, which will make a huge difference to our facilities.”
In addition, due to the increase in living costs, an average classroom teacher is now £40,000 worse off than they would have been had their salaries kept up with inflation over the last decade.
As schools resume normality following the lockdown, Barratt Developments’ Education Workers Scheme is aimed at easing the burden of purchasing a new home.
Teachers Urged To Take Advantage Of Education Workers Scheme
Paul Hogan, Sales Director at Barratt Developments Yorkshire East, said:
“Contributing to the communities in which we build is hugely important to us, and education workers are amongst those that play an integral part in such communities.”
“With increases in the cost of living, affecting not only teachers but also parents of children who attend schools, education workers have had significant added pressures to their roles.”
“We’re so pleased to have been able to help over 70 people purchase their new home with our discount. We urge all those who are looking to purchase a new property whilst working within the education sector to take advantage of this scheme, as teachers lay down their tools and enjoy a much-deserved break over the summer period.”
