[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Saturday, 22 July 2006, 15:54 GMT 16:54 UK
Buyers 'snap up' affordable homes
The first shared ownership homes offered by a housing association for more than a decade have been snapped up by young first time buyers.

The 16 homes offered by Suffolk Housing Society are to be built in Bury St Edmunds on a development which also includes 16 rented dwellings.

The homes being built now received offers within a month of going on sale.

The developers said the scheme is aimed at providing affordable homes for local people to get on the housing ladder.

Chris Oakes, from the builders Linnet Homes, said: "Those who have reserved plots on the scheme have an average age of 26 years old."


RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific