First time buyers offered cubes

31-Aug-2005

Properties built like cubes could answer the problem of a lack of affordable housing, it has been claimed.

Richard Horden has designed the Micro Compact House, which is a cube that can be made from wood, aluminium and plastic, and sell for just £30,000.

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The properties come fully equipped with modern conveniences, including broadband and flat-screen televisions, and have been created to provide aspiring homeowners with the opportunity to get a foot on the first rung of the property ladder.

Mr Horden claims that the cubes would be ideal as affordable alternatives for key workers, by providing them with temporary accommodation.

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The buildings were originally constructed for students in Germany, and proved so successful that Mr Horden is now in talks with several London boroughs about the possibility of building them in the city as an affordable alternative for key worker homes.

Explaining the advantages of owning a cube, Mr Horden commented: "It's a very high quality product, it isn't like a caravan."

Click here for advice on first time buyer mortgages or to find out how much you can borrow and how much it will cost you, from the UK’s leading High Street Brokers, Bradford and Bingley

Click here for our first time buyers guide to buying a property

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