If you are struggling to get a foot on the property ladder, then a special affordable housing day organised by St Edmundsbury could help you reach the first rung.
The borough council will be hosting the area’s first ever shared ownership day on Wednesday, 13 December at the Athenaeum in Bury St Edmunds. Seven different registered social landlords will be on hand at the event to give details of housing schemes which will soon become available, while mortgage lenders can provide advice on borrowing. Anyone attending the day, which runs between 10am and 3pm, will also get the chance to register their interest.
Shared ownership is the ideal solution for people who want to buy a home but cannot afford to outright. It allows people to buy a percentage of the home from a housing association and pay rent on the remainder.
Cllr Jeremy Farthing, Portfolio Holder for Safe, Sustainable Communities and Environment, said:
“The upturn in the property market has made it increasingly difficult for young people to buy their first home in the area of their choice. This affordable housing day will give people the perfect opportunity to find out how they can get a foot on the property ladder so that those who want to live within the borough will not be forced elsewhere.”
For more information, contact Julie Reichert on 01284 757606.
ENDS
ISSUED BY LIZ HEARNSHAW, COMMUNICATIONS UNIT, ST EDMUNDSBURY BOROUGH COUNCIL. Tel 01284 757033. liz.hearnshaw@stedsbc.gov.uk
