housing

[artanswer]

what is affordable housing.affordable to whom

[weeal]

gawd knows, but not to wee me anyway !

[kwicky]

As the land consumes aprrox 1/3 of the the cost of a house and many of the houses are built on brown field sites which may be disused army barracks or government property a starter home should be that much cheaper. Unless that is you let the greedy house builders and developers to muscle in. Why cant a government department put out to tender and remain in overall control else we will all be living in a pipe dream.

[Dassie]

This is just another lot of waffle from the Government. With labour costs so high how can anybody build "affordable housing" for the first time buyers on low salaries?

I'm just worried that if corners are cut these new buildings will be the slums of 30 years time.

[cambus]

I think the refugees from Pakistan will be able to afford them.
The government is thinking about offering a 30% deposit to assist with house purchases.
Hopefully this will keep the market buoyant and provide plenty of work for the construction industry.
If it proves to be a success, they plan to offer it to Polish immigrants as well.

[redcrx]

affordable housing is sold to housing associations (the private version of council houses) for either rent or part buy/part rent.

New estates have to allow provision for this (do the rest of us pay the loss?) or they can pay to get out of the contract and build all private homes (again do the house buyers pay to cover it?)

[Reverandfunk]

Red I never understood the part rent/buy thing.

Surely the 2 amounts added together is the same as a mortgage payment. Or am I being stupid lol

[redcrx]

not quite Rev. I went to a public consultation prior to planning applications for a housing estate the other month. They were batting around figures of �500 total per �100k which is lower than mortgage. The other thing they said was as you only owe a percentage of the property youd only owe a percentage of any negative equity or gain a precentage of profit it you sold it.

They even said they do �500k houses on part rent too lol

[EricaNurney]

new builds like this should only be for first time buyers

[redcrx]

if the are only for first time buyers and the owners then sell for a profit to enable them to move up the ladder then what do the then first time buyers buy?? theyd have to keep building more and more 'affordable' houses would they?

[Reverandfunk]

The govt need to sell the houses directly to the the buyer with no developers involved. Plus buyers should sign to say that it is never going to be let to someone else. Checks should also be made to see if the person has had a mortgage before.

Ive been off the ladder for a few years and there is no way I can get back onto it.

[redcrx]

rev, theres a flat next to 4get for sale! Im sure the owner would accept 80k

[Reverandfunk]

aint got 80 quid lol

[EricaNurney]

once they sell it on it wouldnt be a new build anymore redcrx, sorry i wasnt clear. just trying to get rid of those renting people buying all cheaper property so young eople have no choice but to rent

[redcrx]

its ok, i knew what you meant. What i was saying was though that if they then sell it on who would they sell to and would we have an excess of housing as new builds would keep going up for first time buyers.

[Reverandfunk]

There should be strict rules in place.

I watch the property development programs and you see complete and utter to55ers making bucket loads of money because they already have the equity.

I earn 25k say what can i get for 100k round where i live? Nothing. Rubbish 1 bedroom aprtments are going for 130

[shanx]

affordable to them not you,they are out to line there own pockets , if you buy half the property you pay half the morgage plus rent to them,if you buy 75 percent and then decide to sell you pay them 25 percent of your profit to them