Shared ownership helps young couple make their first purchase

A Merseyside couple have recently made their dream of home ownership a reality under Miller Homes' MiWay scheme.

The initiative offers buyers the chance to own a property in its entirety but pay just 75 per cent of the asking price to begin with.

John and Kelly Manley were able to move from the flat they were renting into the house they wanted in Netherley's Bridgewater Park development.

"The size of the property, along with the build quality were what really appealed to us. We really like the whole layout of the house and it has lots of storage space," Mr Manley commented.

A similar initiative has now been launched by Miller Homes under the government's HomeBuy Direct scheme, making a number of family homes in the area available to first-time buyers.

Housing minister Margaret Beckett last month met one of the first people in the country to benefit from the initiative, a 25-year-old policewoman who was able to purchase a Cheltenham flat for just £99,000.

Source: Direct News 10/4/09