ed
Member
Registered: 10th Sep 03
User status: Offline
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Could somone explain to me how 'affordable housing' works please. I can't seem to make head nor tail of it from what I have dug up on Google 
Ta 
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Aaron
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Registered: 9th Aug 04
Location: Cottingham, East Riding
User status: Offline
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I dont know anything about it, but does this site help?
http://www.bbc.co.uk/dna/actionnetwork/A2110753
[Edited on 30-04-2007 by Aj.]
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ed
Member
Registered: 10th Sep 03
User status: Offline
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I read that the other day. It doesn't seem to apply to what I am looking at. There are a block of flats in Birmingham, ther is apparently a 1 bed flat left for sale which is classed as 'Affordable Housing' for £100k (and the penthouses are for sale for £350k and the other 2 bed flats go for around £230k). You have to go in for a meeting with them to see if you are allowed to buy the flat... Though I don't think it's worth looking into too much because I need a 2 bed or more flat really...
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ed
Member
Registered: 10th Sep 03
User status: Offline
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Just for anyone interested. Affordable housing is for key workers like firemen and nurses e.t.c... The price of the housing is reduced by loads. In thins case £75k! The only flats left in this block are going for £300k! That £150k more than they are worth as there are only two left, looks like I need to look somewhere else
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