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Ash4781

Barratt In Homes Help For Heroes

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http://www.thesun.co.uk/sol/homepage/news/...for-heroes.html

BRITAIN'S biggest housebuilder is offering servicemen thousands of pounds off new homes.

Barratt has risen to The Sun's challenge for leading companies to make a gesture to mark Saturday's first Armed Forces Day.

It will hand anyone in the Army, Navy or RAF a two per cent saving on a new home - equal to �4,000 on a �200,000 property.

It is the first time the company - which expects to make a �140million loss this year - has ever tailored a discount to a particular group.

Chief executive Mark Clare is also donating �10,000 of Barratt cash to the Sun-backed Help for Heroes charity.

He said: "We have one of the world's best armed forces. They have had a hell of a challenging period and all business should support those who have given so much."

The discount will be added to other incentives Barratt is offering in a bid to get people through the door.

The offer will launch on June 27 - Armed Forces Day - and run until at least the end of this year.

Anyone who has served in Afghanistan or Iraq or is due to retire from the forces this year will be eligible until the end of 2009.

Recovery

Mr Clare said: "This should enable servicemen and women to own the roof over their heads. Prices have fallen by 25 per cent in the past two years. We want to give them something on top."

House prices rose in May by the biggest amount for seven years. Figures yesterday showed mortgage approvals hit a 13-month high last month.

But despite signs of a recovery, thousands of first-time buyers are still priced out as mortgage lenders hike up rates and demand large deposits.

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TROOPS and their families were boosted yesterday as the MoD fast-tracked a �50million payment to repair run-down housing. Chancellor Alistair Darling previously said the payment would come in two chunks in 2010 and 2011.

2% doesn't sound like much of a discount.

Edited by Ash4781

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True. A pathetic, derisory gesture that just goes to show that even soldiers are priced out of shelter.

Around 25% of homeless individuals are ex-military (at least thats what the homeless charities are saying), I even met a few myself when I was unfortunate enough to be in that situation. Speaking of which, what is it with some people's attitudes towards the homeless? Apparently they're "fakers" or drug addicts <_<

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Nice welcome home for our lads!!!

Here - blow what little money we gave you on a depreciating asset plus a load of debt.

Make sure you get the guns of 'em before they realise they've been shafted.

Again

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