Newspaper article The Journal (Newcastle, England)

That First Rung Is Far out of Reach for So Many Young People Today

Newspaper article The Journal (Newcastle, England)

That First Rung Is Far out of Reach for So Many Young People Today

Article excerpt

When Alison Fleming and husband Andrew moved back to the North-East from Scotland just over three years ago, Alnwick was beginning a property price boom.

And the couple, in their 40s, with two young children, say it's lucky they got a foot on the local housing ladder when they did ( though it stretched them to the limit.

They paid around pounds 93,000 for their modest ex-council house at Clayport Gardens, Alnwick, just before the price of the average home in the town rocketed.

"If we had come to Alnwick any later, we just wouldn't have been able to afford anywhere to live," said Mrs Fleming, mum of Grace, five, and Charlotte, 19 months.

"We're lucky to live in Alnwick, but like most other ordinary folk, there's no way we could go out and get a pounds 200,000 mortgage."

Lorna Shepherd says the situation her daughter Helen, 20, a dental technician, faces is a world away from her experience at the same age. Lorna, 47, who bought her cottage in the hamlet of Callaly, west of Alnwick, more than two decades ago and said: "Young people like my daughter have no chance these days, unless there are schemes like the one being brought in by Alnwick District Council. …

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