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| Wigan homebuyers get £10,000 off their mortgages by 'mucking in on site' | |
| (about 7 hours later) | |
| Chloe Radcliffe and her mum Cordelia Hepworth helped out on site in order to get money off their new homes | Chloe Radcliffe and her mum Cordelia Hepworth helped out on site in order to get money off their new homes |
| People buying homes on a new housing estate were able to get £10,000 off their mortgages by mucking in to help build them. | People buying homes on a new housing estate were able to get £10,000 off their mortgages by mucking in to help build them. |
| They laboured, landscaped, painted and decorated at the St William's Church and Presbytery site in Wigan to get the reduction. | They laboured, landscaped, painted and decorated at the St William's Church and Presbytery site in Wigan to get the reduction. |
| The scheme, run by housing association Prima and charity Housing People Building Communities (HPBC), is known as "sweat equity". | The scheme, run by housing association Prima and charity Housing People Building Communities (HPBC), is known as "sweat equity". |
| While mother-of-two Chloe Radcliffe, 28, said saving for a deposit had been impossible, putting the hours in on site had "given me the chance as a single parent to realise my dream". | While mother-of-two Chloe Radcliffe, 28, said saving for a deposit had been impossible, putting the hours in on site had "given me the chance as a single parent to realise my dream". |
| She added: "Me, my mum, dad and sister loved working on my home and building a great little community. | She added: "Me, my mum, dad and sister loved working on my home and building a great little community. |
| "Other people who did the same are now my neighbours." | "Other people who did the same are now my neighbours." |
| People who took part volunteered 500 hours each towards the shared-ownership development. | People who took part volunteered 500 hours each towards the shared-ownership development. |
| They helped create 13 apartments and 14 new-build houses. | They helped create 13 apartments and 14 new-build houses. |
| Rachael McCoy said she would not have been able to afford her own home without the "sweat equity" scheme | Rachael McCoy said she would not have been able to afford her own home without the "sweat equity" scheme |
| Rachael McCoy, 35, a nurse who also works alongside Ms Radcliffe at her nearby beauty salon, said getting on the property ladder would have been difficult without the scheme. | Rachael McCoy, 35, a nurse who also works alongside Ms Radcliffe at her nearby beauty salon, said getting on the property ladder would have been difficult without the scheme. |
| "It meant we could get our home without saving for a deposit," she added. | "It meant we could get our home without saving for a deposit," she added. |
| The St William's development was a joint project between housing association Prima and charity Housing People Building Communities | The St William's development was a joint project between housing association Prima and charity Housing People Building Communities |
| Prima Group chief executive John Ghader said sweat equity was a "great alternative to the Bank of Mum and Dad". | Prima Group chief executive John Ghader said sweat equity was a "great alternative to the Bank of Mum and Dad". |
| He added: "Instead of putting their hands in their pocket to help with a deposit – something not every parent can afford – some have got their hands on a shovel and contributed to their children's on-site sweat equity hours." | He added: "Instead of putting their hands in their pocket to help with a deposit – something not every parent can afford – some have got their hands on a shovel and contributed to their children's on-site sweat equity hours." |
| HPBC chairwoman Reverend Dr Shannon Ledbetter said the project had help "provided affordable, accessible homes for those who might otherwise never have dreamt of it". | HPBC chairwoman Reverend Dr Shannon Ledbetter said the project had help "provided affordable, accessible homes for those who might otherwise never have dreamt of it". |
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