Green housing project plans joint ownership schemes

20-Apr-2005

A new building development in Birmingham is set to bring the benefits of energy-efficient buildings to aspiring first time buyers.

Click here for our First Time Buyers Guide

The plan in Warstock has been backed by Birmingham City council, and will see the creation of a pioneering estate which will use green designs, building materials and include green technology such as fuel efficient heating, lighting and power systems and solar water heating systems.

The £12 million project will create 114 new houses which will be available for first time buyers struggling to get onto the property ladder to buy through a shared ownership basis with developers Black Country Housing (BCH).

Click here to learn more about Joint ownership

Designed as part of a partnership between BCH and the Council, it is hoped that the scheme will not only provide new green housing opportunities, but will also provide aspiring homeowners with the opportunity to get onto the property ladder with a state-of-the-art home.

Through the shared ownership scheme, the Council is confident that it will be able to bring more first time buyers into the market once the development is completed, with current estimations predicting the scheme will be ready in two years.

While that will be a long time to wait for many aspiring first time buyers, the scheme represents the fact that first time buyers are now being acknowledged as an important target group when building projects are undertaken.

View our Joint Ownership Guide

Click here for further information on finding a deposit

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