It was a great pleasure yesterday to open the Greymount Road housing scheme for St Vincent’s Housing Association. The small development of 8 dwellings will be offered for sale on a shared ownership basis. This is where buyers can start off by buying as little as 25% of the equity and making a reduced rent payment. This is a great way of helping people onto the housing ladder.
This month also sees the launch by the government of the Lifetime Individual Savings Account for the under 40’s which will provide a flexible way for people to save and get a contribution from government (or other taxpayers if we take it as read that the government has no money of its own).