Housing scheme to help first-time buyers in North
First-time buyers in the North will be offered a new way of getting a foot on the property ladder today through a novel partnership buying scheme.
The region is the first area in the UK to introduce the initiative, which will see private developers and housing associations shouldering 50% of the property's cost.
Barclays bank has also agreed to offer would-be buyers mortgages for the remaining half of the price without the requirement for a deposit.
The government project is being piloted in the Maghon Park area of Portadown, Co Armagh.
