Sweat equity helps you onto the property ladder
A Different View with Dave O’Connell
It clearly won’t solve all problems when it comes to buying a house, but a housing association in the North of England has come up with a clever idea that is at least worth a shot.
They call it ‘sweat equity’ and the idea is that you can get £10,000 off the mortgage on your new house – by mucking in to help build them.
In this particular case in Wigan – a city of over 100,000 people between Manchester and Liverpool – the new homeowners didn’t have to work on their own homes; instead they........
© Connacht Tribune
