Family homes for £200,000
Tuesday 18th December 2012, 3:00PM GMT.
FAMILY homes could be built on States-owned land and sold for as little as £200,000, says the Environment Minister.
Offering a ray of hope to hundreds of Islanders who fear that they might never own their own house, Deputy Rob Duhamel said that sites could be found and revealed that he had spoken to the Jersey Construction Council about bringing in the homes on budget.
He also said that a bank was prepared to put up funding for 150 mortgages for the houses.
Housing department statistics reveal that 70 per cent of Islanders who do not currently own their homes cannot afford to buy.