AN EAGLE-EYED entrepreneur has spotted a way of helping young people get a foot on the housing ladder in North Somerset.

AN EAGLE-EYED entrepreneur has spotted a way of helping young people get a foot on the housing ladder in North Somerset.

Sandy Fraser has launched a website that will allow like-minded people to meet each other online and agree what type of property they would like to live in and where.

Users of the www.ukpropertyclub.co.uk will also be able to compare how much money they have available for deposits and mortgage payments.

Sandy, aged 53, of Hawke Road, Kewstoke, said he came up with the idea at the dinner table around the time his son was leaving university.

He said: "About three years ago, we had our family and friends round and it was at this point that the reality of the cost of buying their own flat or house struck home.

"Mortgages at that time were easy to come by, however the cost of the property itself was a stumbling block."

"Co-buying is therefore increasingly seen as the way to get a foothold on the property ladder.

"It also became apparent that the age group that www.ukpropertyclub.co.uk is targeting does not have an in-depth knowledge of the property market."

As a result, Sandy has created fact files that will help prospective first-time buyers to negotiate their way through the jargon and legal documentation that is required when buying property.

The site aims to generate revenue by acquiring new subscribers and charging estate agencies and other associated companies to advertise on his website.

In time, he believes there maybe an opportunity to negotiate group discounts as result of this arrangement.

The website is unbiased, completely impartial and is free to users. From an advertising perspective, companies can get cost effective coverage.

For more details, call Sandy on 01934 514590 or visit the website.