Mortgage & Property Advice Centre for First Time Home Buyers

Affordable homes objective for Northern Ireland

05-Jul-2005

The government has announced that the creation of affordable housing in Northern Ireland is to become one of its major aims in the region in the coming months.

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According to Northern Ireland's regional development minister, Shaun Woodward, the government needs to play a major role in developing more affordable housing in the region so that its aspiring homeowners can get onto the first rung of the property ladder.

Speaking as he launched Housing in Settlements, the government's planning policy for the region, Mr Woodward put forward his plans to turn the province into a haven for aspiring first time buyers looking for affordable housing.

Echoing Chancellor Gordon Brown's comments in his Budget speech earlier this year, Mr Woodward explained: "We want to see more people own their own homes and, whilst it is not possible for government to deal with all the issues which surround the provision of affordable housing, there are ways in which we can help."

However, Mr Woodward pointed out that the creation of affordable housing would only augment the government's main objective of introducing the co-ownership scheme announced in the Budget.

Click here to learn more about joint ownership

As such, aspiring homeowners across the country are being urged to take up the joint ownership schemes available, rather than merely waiting for the development of affordable housing in their region.

See what’s in our unique, comprehensive and detailed joint ownership guide

Click here to see what properties are on the market in your area – whether you buy alone or with others

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