Displaying ROOF Blog articles tagged with Affordability
17/03/2010
The latest generation of pod-like homes is hoping to inspire anyone concerned with sustainability and affordability and is now being touted as the newest solution to Britain’s housing shortage. Modular housing is common in Australia, the USA and Germany, but British examples have mainly been limited to one-off, self-build projects. More recently though, organisations such as the Peabody Trust have commissioned several large modular developments such as London’s Murray Grove and Baron’s Place. As well as preserving communities, flexible living negates moving costs and mortgages are available thanks to approval from National House-Building Council and CLG’s Code for Sustainable Homes scheme.
10/03/2010
90% of couples under 40 with children in London can’t afford to get on the housing ladder. Analysis by the National Housing and Planning Advice Unit found that as an average figure across the capital only 10% of young families could afford to buy a suitable home. The figure drops to 5% in some areas including Camden, Hammersmith and Islington. Only in the wealthier boroughs of Richmond, Redbridge, Merton and Bromley can more than 20% of young families afford to buy a home. The figure of 10% in London compares with 21.4% in the South West and 23.8% for the South East.
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02/03/2010
John Healey has published the Government’s response to the Mayor of London’s plans for affordable housing in the capital. He warns that the housing strategy will not sufficiently address the capital’s needs, and outlines areas of particular concern, including plans to reduce the number of new social rented homes provided by councils and housing associations by an equivalent 2,755 homes a year compared to current plans.
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24/02/2010
Housing minister John Healey has announced a boost to house building in England, by confirming nearly £500million funding to build around 8,000 affordable homes across the country. This takes total government funding for house building to £3.5 billion since June. Over 3,000 of these new homes are expected to be available through the government’s HomeBuy schemes, offering first time buyers a helping hand onto the property ladder. And nearly 5,000 homes will be available for affordable rent through housing associations.
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25/01/2010
The government will struggle to build even half of its target of a million affordable homes by 2020 if the housing budget is not exempted from public spending cuts, a housing campaign group says. If the cuts to the house-building budget suggested by November’s pre-budget report go ahead, the number of affordable homes built by 2020 will be 444,000, says the National Housing Federation. The NHF is calling on Gordon Brown to make the house building budget ‘untouchable’ and give it the same status as hospitals, schooling and policing, areas the government said in November it would ringfence while it cut back spending in other areas.
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18/01/2010
Shocking new research released by Shelter shows that people are being forced to delay having children because of the lack of affordable housing. The research reveals that 18 per cent of 18–44 year olds, equivalent to 2.4 million people nationwide, are actively putting off having children because of high housing costs. This rises to 24 per cent among 18-34 year olds. The figures come from a survey commissioned by Shelter to discover the impact of the lack of affordable housing across all areas of people’s lives. In particular, the research examines the impact on relationships and family life.
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11/01/2010
Hundreds of England’s village churches could be revived and up to 10,000 affordable homes built for local families – if churches sold land and buildings to housing associations, according to research by the National Housing Federation. The Federation believes that with the Church of England owning an average of eight acres of land per Anglican village church, in addition to parsonages and church halls, every rural place of worship could deliver an average of one new affordable home. Federation chief executive David Orr said: ‘By making land available for housing, rural churches would increase their chances of survival and also help meet local housing need.’
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08/01/2010
A £13 million manor house looking out across one of Paris’ most exclusive squares has become France’s most desirable squat. The vast 17th-century property boasts listed rooms with period painted wooden beams and panelling and a spectacular view over the Place des Vosges. It has not been lived in for more than 40 years. The squatters broke into the property to draw attention to the plight of low-paid workers unable to afford housing while countless properties are left vacant. They belong to a group called ‘Black Thursday’, created by four students appalled at the sky-high rents they were required to pay for even the smallest properties. They want more social housing, which has a waiting list of 1.2 million people, and have the support of local Green and Left-wing politicians.
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07/01/2010
Shelter has launched new research showing how the lack of affordable homes in Britain is forcing couples who have split to remain living together. In our survey, nearly a quarter of people – the equivalent of 9.9 million adults - said they or someone they know have had to stay living with their partner because they cannot afford to live on their own. The figures come from new research undertaken by the charity to examine the way unaffordable housing is changing the way we live. Kay Boycott, director of policy and campaigns at Shelter said: ‘As a nation we have accepted the way housing costs have risen hugely over the last few years, but are we ready to accept the human cost this brings?’
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04/01/2010
The number of first-time buyers has dropped to its lowest point in a decade despite a significant rise in the number of affordable homes over the past year, according to figures released by the Halifax. Tighter mortgage lending criteria, recent price rises in some areas and lack of money for a deposit meant that an estimated 185,000 first-time buyers entered the market in 2009, four per cent fewer than in 2008 and just over a third of the 532,000 who bought when prices were soaring in 2002. These combined obstacles have pushed up the average age of a first-time buyer from 29 to 30, while the typical age of those buying without financial help from family or friends has risen to 36 from 33 in late 2007.
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