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Housing Options London Affordable New Homes Show

Saturday, 20 June 2009 4:09 PM

Housing Options will be holding a London Affordable New Homes Show on Saturday June 20th at the Wembley Stadium.

The free event, held between 11am and 4pm, will bring together major affordable housing providers operating in London, to offer advice about New Build HomeBuy and shared equity housing products.

The show is aimed at first-time buyers earning between £15,000 and £60,000.

Graeme Moran, managing director at MHO, said: "HomeBuy products are key to stabilising the current financial market. They provide sustainable housing opportunities by encouraging more responsible mortgage lending on smaller shares of properties that people can afford to buy.

"Because the share our customers buy is smaller than the full market value of the home they purchase, so is the amount of deposit required."

Nic Bealey, L&Q director of strategy, marketing & sales, added: "The Housing Options London Affordable New Homes Show will showcase the thousands of affordable new homes and other home ownership solutions available across the capital, while IFA's will be able to advise people on how to get a mortgage they can afford, and find the lenders offering the best deals to suit them."

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