The initiative will see Redrow South Wales, which is currently building new homes at four developments across Newport, provide up to £15,000 towards house hunters’ dream homes.
The Key Worker and Armed Forces Deposit Contribution scheme is available at all of our developments, where a range of premium two, three, four and five-bedroom homes are available, including properties from our award-winning Heritage Collection.
The exclusive scheme offers a deposit contribution as a percentage towards the overall purchase price of a Redrow home, up to a maximum contribution of £15,000, and is available to all UK armed forces personnel who are currently employed by the Army, Navy or RAF. It is also available for those who work in roles within the NHS, education, police force, fire service, Ministry of Defence, environmental service, National Highways, probation service, local authority, prison service, RNLI or as a foster carer.
In Newport, Redrow South Wales is currently building at The Hollies and The Cedars at Great Milton Park, Parc Elisabeth and Parc y Coleg in Caerleon, where armed forces personnel and key workers could soon move in to a premium, energy efficient home much more quickly with the help of this scheme.
Beverley Wookey, sales director at Redrow South Wales, said: “The dedication and courage in ensuring the safety of our nation is something we can’t thank the armed forces enough for, and we also greatly appreciate key workers and their dedication to helping our communities every single day. We hope that our new deposit contribution scheme for these everyday heroes goes some way towards showing our gratitude.
“The exclusive deposit contributions will help make homeownership more affordable and achievable for key workers and armed forces personnel so they can either start their journey of owning a brand new, premium home, or upgrade to a new build that better fits their lives.”
Find more information about the Key Worker Deposit Contribution scheme.
Find out more about the Armed Forces Deposit Contribution scheme
Find further information about our homes available in Newport.
