HomeBuy Direct: 'Just one Month Left to Benefit From This Low Cost Scheme', Says Barratt Homes

LONDON, June 14, 2010 - First-time buyers throughout the UK are being urged not to
miss out on a final opportunity to buy a new home with the lowest possible
deposit through the HomeBuy Direct (
www.barratthomes.co.uk/Offers/HomeBuy-Direct/) scheme.

Under the scheme, buyers can move in for just 70 per cent of
the home's price.

But the Government-backed scheme is coming to an end because
of the squeeze on public spending and buyers only have one more month to take
advantage, says Jeremy Hipkiss, Head of Sales and Marketing at Barratt Homes.

"You really only have a month left to sign-up if you want to
take advantage of this outstanding opportunity to get on the housing ladder
with the help of public money," he said. "Thousands of people across the
country have used HomeBuy Direct to buy a home and we've been inundated with
local people who are interested."

"I'd advise anyone who is interested to come and talk to us
very soon. It doesn't cost anything and we can answer all your questions."

"HomeBuy Direct can dramatically reduce the initial cost of
house purchase and for people who have been priced out of the market for
years, this is a once-in-a-lifetime opportunity to own their own home."

The remaining 30 per cent of the home's cost is jointly
financed by the Government's Homes and Communities Agency and Barratt Homes.
Because a smaller mortgage is required, monthly repayments are much more
affordable.

HomeBuy Direct is not only available to first time buyers
(www.barratthomes.co.uk/), but is also open to a wide range of people
who don't currently own their own home. But buyers must reserve their home by
the end of July, 2010. Eligible households will be earning less than
GBP60,000.

Barratt Homes is the only homebuilder to ever be awarded an
exclusive '5 Star Housebuilder Award' by the Homebuilders Federation. This is
judged on customer satisfaction and build quality, and gives buyers peace of
mind on the kind of quality they can expect from a Barratt home.

To find out more about the HomeBuy Direct scheme and available homes from
Barratt in your area, please call the sales team on +44(0)844-5566166 or
visit www.barratthomes.co.uk/Offers/HomeBuy-Direct/.

NOTES TO EDITORS:

1) Barratt Group is expected to build 11,500 new homes (
www.barratthomes.co.uk/Find-a-Home/) in the current financial year,
making it the biggest housebuilder by volume in Britain.

2) Barratt Group was the only major housebuilder to be given a maximum
five star rating - its highest ever score - in 2010's HBF Customer
Satisfaction Survey.

3) In 2009 site managers working for Barratt Group won the highest number
of NHBC Pride in the Job Quality Awards for a record fifth consecutive year.

4) Barratt Group is the only housebuilder to guarantee the fixtures and
fittings in place at the time of purchase of its new homes for five years.

5) Barratt Group is also one of Britain's foremost sustainable
housebuilders. It has now started on site at the Hanham Hall development near
Bristol which will be the first Code for Sustainable Homes Level 6 community
in the UK when it is completed in 2011.

6) Images of a selection of developments are available to the media at
www.barrattdevelopments.co.uk/media/photographs/barratthomes/

7) For further information please contact Dan Bridgett on
+44(0)207-299-4873 or Dan.Bridgett@barratthomes.co.uk

For further information please contact Dan Bridgett on +44(0)207-299-4873 or Dan.Bridgett at barratthomes.co.uk