“......the government continues to bury its head in the sand over affordability nationwide. Alongside a supply increase it is crucial to ensure a mix of tenures, including low cost rent. In many parts of the country, Starter Homes and mortgages will remain out of reach of those on low incomes and working benefits........” From: Inside Housing editorial “Owning The Future” 27.11.15
"If you are buying a house to become a home however, there is never a better time than the day you find the right property (to buy or to rent) at the right price." Provided you have a big enough deposit and can also get a mortgage?
George Osborne came out with quite a few things concerning housing in his Autumn Statement on Wednesday, one of which concerned Buy to Let landlords. Wef April 1st 2016 they will face a 3% stamp duty surcharge on any properties they buy. My immediate thought when I heard that was - "and I wonder how much of a rush to buy property by BtL landlords will there be between now and 1.4.16 and, if ...
Right now it's staff they can no longer afford to employ http://www.exeterexpressandecho.co.uk/Jobs-fear-staff-Exeter-based-housing-association/story-28233899-detail/story.html how long before it is housing they can no longer afford to provide?
Click on this link http://gis.teignbridge.gov.uk/TeignbridgePlanningOnline/Results.aspx?Type=Application&Refval=15/02468/MAJ&MN=Y then on associated documents and you'll find what was minuted about this application at the last town council planning meeting.
Just noticed the sold sign in the window. Now await a planning application to see what the purchaser wishes to turn it into.
Strongly suggest to those looking for 'affordable' housing (affordable = sub market rental and shared ownership) on the new housing estates scheduled to be be built in Dawlish that you get your skates on. The future for affordable (in the way I have defined it above) does not look good. Here is the affordable provision on phase one of the Redrow Development. I do not know which housing ...
“The Government has recently adopted a target of delivering 200,000 new homes a year over the course of this parliament, with the clear ambition of reversing the decline in home ownership. The consequence could be a reduction in affordable housing numbers for the lowest income households.” “70,000 new, low to middle income households a year will be unable to afford to live in market ...
There is a letter in this week's Dawlish Gazette about care homes and Dawlish. For a view of the wider problem see info on this link http://www.theguardian.com/society/2015/nov/21/half-uk-care-homes-close-funding-gap-nhs-george-osborne
And an interesting article on these proposed affordable starter homes here: http://www.insidehousing.co.uk/debate/ih-50/non-starter/7012730.article?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60