Results tagged “Barratt”
THE credit crunch is forcing housebuilders to do more and more to entice buyers.
The market has become so tough that major housebuilder Barratt Homes is offering to pay buyers’ mortgages until 2010 if they agree to purchase an apartment at one its Maple Quays or Elektron developments.
Adam Lawrence, regional managing director of Barratt London and Thames Gateway said: “Our customers have told us that they are worried about getting a mortgage and the wider economic picture."
WORK has begun on one of London’s largest regeneration schemes which will see around 2,000 new homes built on the Rotherhithe peninsula.
But the company behind the first phase of the redevelopment is facing a rocky time thanks to the credit crunch.
