First house sold at Mountview Drive scheme

A young Lisburn couple have purchased the first home under Clanmil Housing Association’s new Homeowner shared equity scheme at Mountview Drive in Lisburn.

Ryan Bird and Feiona Stewart are the first to benefit from the Homeowner scheme, a part-ownership, part-rental deal that helps people who can’t afford to purchase outright to move onto the property ladder by allowing them to buy up to a 90 per cent share in a property and pay rent on the remaining share.

Homeowner is the first shared ownership scheme to be introduced as a result of the Department for Social Development’s Affordable Home Loans Fund.

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Under the scheme, Clanmil has made 20 properties available for purchase at Mountview Drive from as little as £360 per month including mortgage payment and rent.

The homes, a mix of detached and semi-detached properties, have been thoroughly refurbished with modern new kitchens, stylish new white bathroom suites, rewiring, replumbing and Pheonix Gas heating.

The many features include uPVC double glazed windows and doors, white panelled internal doors and redecoration throughout.

Clare McCarty, Chief Executive of Clanmil Housing said: “It is a natural aspiration to want to own your own home and we are delighted to see the first purchase complete at Mountview.

“Congratulations to Ryan and Feiona.

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“We hope that they have many happy years in their lovely new home.”

Ryan and Feiona, are delighted with their new home at Mountview Drive.

Feiona said; “It’s so hard to take that first step onto the property ladder.

“ Saving for a deposit and securing a mortgage is a real challenge at the minute but the Homeowner scheme has allowed us to buy a share in a fantastic house in the area where we wanted to live. We’ll be able to buy more of our home as it suits us, until we own it all.

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“We never thought we’d be able to afford a house like this.

“We’ve got lots of space and it’s been modernised to a really high standard.

“We don’t have to do anything other than move in.”

The refurbishment of the homes at Mountview Drive is scheduled for completion in Spring 2015 and there are still a number of properties available.

For further details on the homes or the scheme please contact McClelland Salter estate agents on 028 9267 4121 or Clanmil Housing on 028 9087 6000. Or email [email protected]

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