The Co-operative bank has launched an eco-friendly house building scheme in tandem with developer Space 21.
Targeted at addressing the twin problems of global warming and housing shortages the scheme aims to create eco-friendly properties within the price range of first-time buyers.
Set up in response to the government's Housing Green Paper the homes will feature timber frames, facilities to store and recycle rain water and sloped roofs to maximise solar efficiency.
The houses will be priced from £59,950, excluding land, allowing first-time buyers to take their first step on the housing ladder.
It is hoped the venture will assist the government in meeting targets to reduce property carbon emissions by 25 per cent by 2010 and increase the UK's house building programme by twenty per cent.
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