Housing Cap Rises to 230K | Belfast News

The government’s affordable home scheme just raised the new build price cap to £230,000—up from its previous limit—to help more buyers enter the market amid soaring construction costs. While this follows a similar hike for existing homes in April, the average new build in Northern Ireland still sits at over £262,000, making many homes still out of reach. The Co-Ownership model, which lets buyers purchase a share of a property and rent the rest, has been around since 1978 and is now seeing renewed optimism under CEO Mark Graham, who believes the change will expand opportunities—but acknowledges it’s not a full fix for the housing crisis. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8d4999ce53ec24c2