Help-To-Buy scheme discussed at University of Ulster

Couple at estate agent's window The Help-To-Buy scheme allows buyers to put down a 5% deposit on a newly built home.

Related Stories

New Budget measures to help people get on the property ladder, will be discussed at a housing conference at the University of Ulster later.

The Help-To-Buy scheme allows buyers to put down a 5% deposit on a newly built home.

They will also be eligible for a government loan, worth up to 20% of the value of the property, which is interest-free for the first five years.

The university pro-vice chancellor said it was a step in the right direction.

"The one thing that is needed here is greater confidence, that when people do buy, the value of the property isn't going to fall," Professor Alastair Adair said.

"Also in relation to Northern Ireland we have the successful co-ownership scheme.

"How this new scheme will sit alongside of that is vitally important."

More on This Story

Related Stories

More Northern Ireland stories

RSS

Features & Analysis

  • Cerro RicoSatanic mines

    Devil worship in the tunnels of the man-eating mountain


  • Nefertiti MenoeWar of words

    The woman who sparked a row over 'speaking white'


  • Oil pumpPump change

    What would ending the US oil export ban do to petrol prices?


  • Brazilian Scene, Ceara, in 1893Sir Snapshot

    19th Century Brazil seen through the eyes of an Englishman


Elsewhere on the BBC

  • SailingGame on

    BBC Capital discovers why certain sports seem to have a special appeal for those with deep pockets

Programmes

  • European Union's anti-terrorism chief Gilles de KerchoveHARDtalk Watch

    Anti-terrorism chief Gilles de Kerchove on the threat from returning Islamic State fighters

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.