Representatives from the local authority in Westhoughton have been learning more about a shared equity scheme designed to make housing affordable for first-time buyers.

Councillors Christine Wild and David Wilkinson were invited to investigate Miller Homes' Orchard Green development in the town to see the options available to buyers in their area.

The HomeBuy Direct shared equity scheme is offered to households with an income of less than £60,000 and allows purchasers to pay just 70 per cent of the asking price at the outset – with the remainder covered by an equity loan.

Councillor Christine Wild described the scheme as a "positive move", while her colleague David Wilkinson added: "Homebuy Direct will help people onto the property ladder in the current market and this is a good development in a great location."

In July, Miller Homes celebrated success with 19 winners at the National House Building Council's Pride in the Job awards, which recognises the best site managers in the country.
Source:25/08/09