Mortgage & Property Advice Centre for First Time Home Buyers

Calls made for more affordable housing

01-Jul-2009

The government has been urged to follow through with its promise to construct more affordable housing in the UK and ensure it is made available to the right people.

According to Katy John, spokesperson for the campaign for affordable house prices PricedOut.org.uk, there are around one million first-time buyers waiting for the cost of bricks and mortar to drop to a level that suits them.

Moreover, it is "important" that the government does construct three million new-build property by 2020, as has been pledged.

"We urge the government to continue building more homes for those people currently requiring decent housing," Ms John stated.

Earlier this week, the government revealed plans to invest £1.5 billion over the next two years on producing 20,000 new energy-efficient and affordable homes, as well as creating thousands of employment opportunities.

Dubbed the Building Britain's Future plan, the initiative comes after the Department of Energy and Climate Change announced that all homes will have smart meters fitted in them by 2020.

FirstRungNow.com - how to buy a house, from finding your first flat or first house, first time buyer mortgages, shared ownership, buying with friends, gifted deposit, part buy part rent - all a first time buyer could possibly need.

Nationwide reports house price growth
Property expert assesses mortgage market
Research is 'vital' for first-time buyers

Article Options:

Email this article to a friend

Get updates from our RSS Feed

Post this article to:

del.icio.us

Digg

Reddit

2010: Mar | Feb | Jan

2009: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2008: Dec | Nov | Oct | Sep | Aug | Jul | Jun | 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


Free e-Bulletin

News and Offers for First Time Buyers

Register

Prospects for first time buyers in 2010...

Do you think mortgage lenders will be more generous in 2010?

yes
no

Is 2010 a better year to step onto the property ladder?

yes
no

If new houses were the same price as old ones would you be more likely to buy one?

yes
no

Do you fear that landlords will start snapping up smaller properties again?

yes
no

Are you losing hope of ever getting onto the property ladder?

yes
no