Andrew and Judith Frame are first buyers who have been able to buy with no deposit, and have done so for less than £400 per month, cheaper than what they were paying in rent beforehand. Andrew and Judith are buying their home from WJ LAW who have a long history of helping home buyers achieve the house of their dreams.

Andrew and Judith are buying their home at Avonmore Court, near Bangor, and have bought a 3-bedroom end townhouse for £140,000 and have been able to buy thanks to the help of Northern Ireland Co-Ownership. With Co – Ownership, buyers can rent half the home, and buy the other half with no deposit, making owning the house of people’s dream a reality.

Within the figure of £95 per week, is the cost of renting half the house, and the cost of buying half the house with a repayment mortgage; and is based on buyers having zero deposit, clearly if buyers have some deposit, the figures will get better and better.

www.co-ownership.org/

Starting from £145,000 for Russett Cottages a 3 bedroom townhouse, prices range as far as the temporary stamp duty level of £175,000. Chambers Cottage is a 3 bedroom double fronted home and is priced at £165,000. The Rectory and the Clocktower are both 4 bedroom homes with an integral garage, and are priced at £175,000; the Rectory is also available as a semi-detached home, and priced under the stamp duty level.

“We are delighted to bring our fantastic Banbridge homes to the market available for purchase under the Co-Ownership scheme, said David Law, director at WJ Law. “Bringing peace of mind to homebuyers in current times is important to us. With the return of the scheme this year, homebuyers now have the opportunity to possibly get onto the property ladder at an affordable cost and reap the great benefits of living in Summerhill.”

Summerhill homes offer relaxed family living with fashionable Georgian Flair. Located just off Rathfriland Road, Summerhill is within easy access of the A1 north and south and a range of local amenities including Banbridge Town Centre, Banbridge Golf Club, the Outlet Retail Park and both primary and secondary schools.

In order to apply for Co-Ownership, a homebuyer must seek an agreed sale from WJ Law for their chosen home and then source the application forms directly from Co-Ownership. Funding is limited this year for the scheme and Co-Ownership will be allocated on a first come first serve basis. All purchases are subject to valuation, contract and title. Both applicant and property will have to go through the Co-Ownership eligibility process in order to be assessed for the scheme.

For more information on house types, specifications, and plans please visit www.summerhillbanbridge.com. For more information on Co-Ownership please visit www.co-ownership.org