Mortgage & Property Advice Centre for First Time Home Buyers

Affordable housing for Norwich football fans

19-Jan-2006

A new plan has been launched by Norwich City Football Club that will see some of its land redeveloped into an area of affordable housing.

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

In a move likely to find favour with young first time buyers, particularly those with a passion for football, the area behind Norwich's Carrow Road ground is to be transformed, with affordable homes being built alongside a redeveloped stadium and a new hotel.

It is hoped that the plans will prove popular with aspiring homeowners and should allow more of the city's young first time buyers to find affordable housing that is in a desirable development.

To find out more about creative mortgages designed specifically for first time buyers click here

Over 300 flats are to be built in the region, offering aspiring first time buyers their chance to get onto the first rung of the property ladder.

Hereward Cooke, deputy leader of Norwich City Council, told the Norwich Evening News: "Given our shortage of housing in Norwich, and particularly affordable housing, this is warmly welcomed."

Agreeing with that opinion, Judith Lubbock, the city council's chairman of the planning committee, added: "It would be nice to see something innovative such as live/work spaces, and I understand that it will have sustainability at its core."

She also suggested that the development would "give opportunities for more interaction with the river with moorings and landing stages", meaning that the possibility of buying a houseboat may be an option for some buyers in the region.

Click here for further information on finding a deposit

To find out what you can borrow, even if you are in an adverse credit situation click here

Article Options:

Email this article to a friend

Get updates from our RSS Feed

Post this article to:

del.icio.us

Digg

Reddit

2008: May | Apr | Mar | Feb | Jan

2007: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2006: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2005: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar

Newsletter

Free First Time Buyer Newsletter

Register

20 second poll - How optimistic are you?

Are properties in your area more expensive than they were a year ago?

Yes
No

Are you keener to buy a property now than you were this time a year ago?

Yes
No

Are the finance options for FTBs better now than they were a year ago?

Yes
No

Would it be better to wait until this time next year?

Yes
No

Would you ideally like to be able to buy your first home now?

Yes
No