Taking the affordable housing route
For many years, the first rung of the property ladder has been beyond the reach of many low and middle-income earners.
For many years, the first rung of the property ladder has been beyond the reach of many low and middle-income earners. With house prices often at least several times their salary, their chances of getting a mortgage were grim.
However, recent changes to the government's affordable and shared ownership schemes means more people are now eligible for local authority mortgages. Last week, the Minister for Housing and Urban Renewal, Noel Ahern, said that about 11,000...
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