Leading housebuilder invests in the local area
Leading homebuilder Barratt Homes Northampton, based in Northampton, has built 792 homes in its operational area during the past year and contributed over £110.6m to the UK’s economic output.
The achievements are highlighted in a new report which measures the homebuilder’s social and economic contribution to the area over the past financial year (1st July 2016 – 31st June 2017).
The five star housebuilder covers Northamptonshire, Cambridgeshire, Buckinghamshire and Bedfordshire.
Included within the company’s socio-economic footprint are key figures relating to the company’s support for the housebuilding supply chain, local communities, environment, public services and employment. The figures revealed the housebuilder:
· Supported 1,800 jobs directly and through its contractors and suppliers.
· Directly employed 10 new graduates, trainees and apprentices.
· Supported 330 subcontractor companies and 380 supplier companies.
· 90% of components used in the construction process were manufactured in the UK.
· Planted or retained 24,790 trees or shrubs on its developments.
· Spent £30.8m on local contributions including affordable housing sales and s106 contributions.
Andrew Swindell, Barratt Homes Northampton’s Managing Director, said: “As a five star housebuilder, we are very aware of the vital role we play in helping to boost the local economy.
“We are committed to a strategy that includes leaving a positive and lasting legacy in the communities in which we build homes.
“This can be through anything including job creation, strengthening surrounding businesses or enhancing and protecting the local environment.
“We are very proud to be a major force in the growth and prosperity of the region, and look forward to continuing our work in 2018.”
The report on Barratt Homes’ Socio-Economic Footprint in 2017 was carried out by planning consultant, Nathaniel Lichfield & Partners (NLP).