A New Way to Buy an Affordable Home
In Northern Ireland in 2025
NI Property Ladder Co-op is a not-for-profit housing provider in Northern Ireland whose focus is on the delivery of affordable new homes province-wide,
making that vital first step on the property ladder so much more attainable.
We achieve this by simply removing the standard property developer’s premium from the equation, the normal range of this being somewhere between 10% to 15% of the
asking price of a new property.
In taking the NI Property Ladder Co-op’s route to home ownership, you can be assured that there are no hidden costs or catches in what is an open and transparent
first step on the property ladder.
We don’t compromise on the quality of design or construction either, so while you will get a home built to the same exacting standards required to qualify for a
Global Home Warranties
10 year warranty which matches the best developers’ output, we would argue that our architectural designs are much fresher, newer and more imaginative than what you will find
in most developments, having been deliberately modelled to match modern lifestyles.
The collective experience of our management team reaches back more than 30 years and is award winning at both local and UK national levels, as expanded upon on our
About page.
So how does the NI Property Ladder Co-op model work?
When we have a new development project ready to bring to the market we, e-mail all registered potential buyers within its catchment area, providing them with floor plans, elevations,
artist’s impressions, detailed specifications of materials to be used on turnkey finishes, the market value of the home and the extent of what would have otherwise been the developer’s
premium, discounted from the asking price.
Potential buyers wishing to proceed would then be sent an application form to complete, which would ask for proof of income and preferred type of purchase, such as co-ownership or standard mortgage.
Bookings are then formalised with the first successful applicants (processed in the order of when applications were received), the process requiring the completion of a purchase
agreement and the payment of a deposit, following which there is nothing to pay until the property has been completed in readiness for occupation.
Potential buyers needing help with their deposit can formally request to be referred to an appointed specialist FCA-regulated financial advisor.
The table below shows how the model would work in the case of buying a Flexi Semi home.
| typical market value: | £185,000 |
| dividend / discount of 10%: | £18,500* |
| initial due: | £166,500 |
| 5% deposit: | £8,325 |
* The fixed dividend is a de facto discount – this would normally be the developer’s profit.
Register your interest now!
To be kept informed, simply complete the contact form on this website and we will update you on forthcoming proposed developments.
Our developments would typically be small and located in any town or village throughout the province where there are suitable sites.
You can view a sample luxury starter apartment design here.
When the new government’s plans to revitalise the UK’s economy through the economic driver of house building generated by widespread planning reforms and other measures come on-stream,
it inevitably means that even more land will become zoned for housing and that the fast-tracking of affordable housing projects will be prioritised too.
