Jersey

Jersey developer will honour cut-price homes plan

Looking at properties for sale
Image caption The average price of a house in Jersey is currently £443,000

A Jersey developer will still honour a cut-price deal for six homes despite the scheme delivering the reduced rate being ruled illegal.

Six Jersey families were promised homes at the Uplands housing development at Mont a l'Abbe as part of the homebuy scheme.

This allowed certain families to buy discounted homes through the States, but the scheme was found to be illegal.

The houses were changed to first time buyer, which would push the price up.

The developer has agreed to honour the original agreement and the legal details are being finalised.

The homebuy scheme would have seen the six families given 35% off the asking price under a shared equity scheme with the States of Jersey.

More on this story

Related Internet links

The BBC is not responsible for the content of external Internet sites