A campaign has launched in Northern Ireland to address a knowledge gap among first time buyers about the process of buying a home.

Co-Ownership has introduced Steps to Buy NI which is a free-to-use website that covers a broad range of topics.

"It's a one-stop shop to help prospective homeowners understand the process," explained Mark Graham, Chief Executive at Co-Ownership.

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"Research shows there is much about the process prospective homeowners, particularly first-time buyers, don't understand. In our 40 years we have supported over 27,000 people into homeownership. Throughout this time there has been an evident knowledge deficit among home buyers with a clear pattern of recurring queries; 'what does this mean?', 'who does what?' and 'what comes next?'

"At Co-Ownership we work to help people into affordable home ownership. To understand affordability a homeowner first needs to make sense of the processes involved in purchasing a property as well as understanding their financial capability to maintain mortgage repayments on a property. Steps to Buy NI works to outline this in clear and concise terms."

(CD)