Affordable housing call as Norwich gets property boom

29-Mar-2006

Norwich is set to receive an increase in the number of new homes being built in the city, it has been revealed.

According to the Norwich Evening News, the city is ready to meet the government's target of building over 10,000 new homes by 2021 and is even prepared to take on 4,000 more.

That has sparked hopes among campaigners that Norwich will be able to take on an increase in the number of affordable housing projects that can be set up in the area, thereby enabling more aspiring first time buyers to get onto the first rung of the property ladder.

Aspiring first time buyers considering affordable housing options should work with a good mortgage broker

A number of new sites are to be opened for development next year and campaigners believe that the new homes will provide the perfect opportunity to get more aspiring homeowners onto the property ladder through affordable housing schemes.

Adrian Ramsay, leader of Norwich's Green Party, commented that, while such large-scale development made him uneasy, the "real issue in Norwich is for affordable housing".

Aspiring first time buyers worried that their debts, CCJs or poor credit history should consult a good mortgage advisor

He added that his party would like to see "50 per cent" of the new properties "made to be affordable, which is the case in some London boroughs".

Aspiring first time buyers wanting advice on mortgages, to find out how much they can borrow and how much it will cost, should request advice from the UK’s leading High Street Brokers, Bradford and Bingley

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