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Last Updated: Monday, 28 April, 2003, 13:38 GMT 14:38 UK
Affordable homes boost
house signs
House prices have risen significantly in Cornwall in the past two years
Work will start shortly on building affordable homes for first-time buyers in Cornwall.

It comes as the huge increase in prices in the county mean many people are unable to get a foot on the housing ladder.

Many people in the county say buying a home is almost impossible, because of soaring property prices and the second home market in the region.

In June builders will start work on 19 one-bedroom flats at Treleigh Court in Redruth.

They are being built specifically for first-time buyers in Cornwall.

Prices are expected to start at �68,500 and in cases of genuine hardship deposits of just �250 will be acceptable.




SEE ALSO:
MP alert over 'homes crisis'
11 Mar 03  |  England
House price rises 'slow'
04 Mar 03  |  Business
Holiday homes send prices soaring
20 Dec 02  |  England
Housing market 'cooling down'
19 Dec 02  |  Business
The House Price Trap
06 Aug 02  |  The Money Programme


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