Mortgage & Property Advice Centre for First Time Home Buyers

Govt building to provide key worker housing

15-Mar-2006

A former government building has been converted into a range of affordable apartments for those living in Ealing and Hammersmith & Fulham.

The £20 million refurbishment scheme is expected to provide 104 contemporary one and two-bedroom apartments for first-time buyers, reports the website 24dash.

Approximately 100 of the 164 new homes will be for key worker priority shared ownership. The remainder will have low-cost rent or social rent.

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

Work on the building is due for completion by the summer and is being carried out by Dominion Housing Group.

Heidi Wolfenden, a 27-year-old who works for the NHS, has reserved a one-bedroom flat after hearing about the scheme.

"Not being able to afford my own place was becoming very frustrating, but then I found out about shared ownership opportunities at The Square.

"I was really attracted to the location and the look of it - it's a lovely building," she told the website.

Aspiring first time buyers applying for shared ownership are advised to consult a good mortgage broker

The former government building was built in 1922 and was home to the headquarters for Canadian forces in Britain during the Second World War.

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

First Time Buyers wanting to find out about the about the legal costs of house-buying or to ask a legal question specific to their own situation, should consult the FirstRungNow lawyer

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