THE VOICE OF PROP­ERTY

The Herald Magazine - - ETC SCOTLAND’S HOMES - Beverley Brown

BARRATT Homes has part­nered with Bar­clays Bank to launch the UK’s first “green” mortgage at the house builder’s de­vel­op­ments across Scot­land. These mort­gages of­fer lower in­ter­est rates due to the en­ergy ef­fi­ciency of the qual­i­fy­ing homes.

All new Barratt homes are up to 65 per cent more en­ergy ef­fi­cient than older ones, due to mod­ern dou­ble glaz­ing which in­cor­po­rates ar­gon gas; wall in­su­la­tion six times more ef­fi­cient than that used in the 1960s; and the lat­est boil­ers which keep wa­ter hot­ter for longer. The mort­gages will be avail­able through rec­om­mended new homes mortgage ad­vis­ers and at Bar­clays’ branches.

Han­nah Bernard, head of Bar­clays Mort­gages, com­mented: “We are in­creas­ingly hear­ing from our mortgage cus­tomers that they’re in­ter­ested in pur­chas­ing an en­ergy-ef­fi­cient home. Given Bar­clays’ com­mit­ment to sup­port­ing our cus­tomers’ tran­si­tion to a low-car­bon and sus­tain­able life­style, we have com­pelling rea­sons to launch this pi­o­neer­ing prod­uct and are look­ing for­ward to work­ing with Barratt Homes and then ex­pand­ing our of­fer to more cus­tomers and through more house­builders later this year.”

HELP FOR DE­VEL­OP­ERS

FOUR prop­erty pro­fes­sion­als – Rory Bal­lan­tyne, man­ag­ing di­rec­tor of Bal­lan­tynes, Al­lan Smith, di­rec­tor of De­vel­op­ment Fi­nance Ltd, Ewan McIntyre, man­ag­ing di­rec­tor of EMA Ar­chi­tects, and John Sin­clair, con­sul­tant at Bur­ness Paul (pic­tured above) – have launched En­abling De­vel­op­ment Group (EDG), which aims to help landown­ers and de­vel­op­ers bring sites for­ward to re­lease much needed hous­ing. EDG is a free ad­vi­sory ser­vice for those par­ties al­ready in the de­vel­op­ment mar­ket but strug­gling to un­lock sites.

Rory Bal­lan­tyne com­ments: “We are in midst of a hous­ing boom with sig­nif­i­cant sites be­ing brought to the mar­ket at record land val­ues. Un­for­tu­nately, the area most lack­ing in hous­ing pro­vi­sion is the small and medium-sized en­ter­prise (SME) sec­tor where de­vel­op­ment growth has been slow. It’s this mar­ket we are keen to as­sist and by bring­ing and en­cour­ag­ing more SME de­vel­op­ment we are hope­ful we can bring the com­ple­tion rate of new build homes in Scot­land up to a level that can match de­mand.”

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