Where are the best homes for families?
On the basis of GCSE results, low crime rates and availability of three bedroom housing, Sophie Chick from Savills estimates that Rushcliffe in Notthinghamshire – an area which includes West Bridgford, Bingham and Tollerton – is the best bet. In general, rural and semi rural areas head the list but of course they are also often the most expensive and a distance from major employment centres.
“Of the 25% of local authorities with the highest proportion of family households,” says Sophie, “the best ranked location to raise a family is Chiltern in Buckinghamshire. Here the average price of a three bedroom house is £392,000, over twice the price of a similar home in Rushcliffe. Others in the top 10 command even greater price premiums, particularly St Albans and Three Rivers where the average three bedroom house costs more than £400,000.
How housing costs are limiting spending
More than half (53%) of people in Britain say they are limited in their spending as a result of their housing costs, according to a Chartered Institute of Housing (CIH) study. It comes after CIH reported in June that a third of people are concerned they won’t be able to pay their rent or mortgage next year, while 36% said their concerns about housing costs are causing them stress.
CIH chief executive Grainia Long said: “It’s no secret that wages have failed to keep up with the high cost of renting or buying a home. People of all ages are struggling to secure a decent home at a price they can afford – because there simply aren’t enough homes to go around. The cost of housing is causing millions of people real hardship and stress and it is holding our economy back – GDP growth won’t get any better if this situations persists. If the government wants to tackle this crisis it needs to invest in housing across all tenures, not just home ownership.”
Your chance to live in a gatehouse
Pictured is Priory Park Lodge, a Grade II listed Gatehouse in Aberford (within hailing distance of York, Harrogate and Leeds) which was built in 1854. Features include original cast iron range and spiral staircase. On with Strutt & Parker for £250,000.
Boost for green homes in Scotland
A £3 million funding scheme could see hundreds of Scottish households getting paid to become more energy efficient, Energy Minister Fergus Ewing announced today. Interest free loans will be available for home owners to adopt a range of renewable heat and electricity technologies, such as heat pumps, solar panels, micro-wind turbines or biomass boilers. Householders will be able to borrow up to £10,000 depending on the technology and cost of their system.
Households installing renewable electricity technologies will be eligible for payments for feeding electricity into the national grid and households installing renewable heat technologies can also benefit from Renewable Heat Premium Payment vouchers for domestic renewables. The funding will be directly targeted at homes in fuel poverty, helping to boost household income.
The installation of the technologies will help to develop Scotland’s micro-generation market and should contribute to greenhouse gas emission reduction targets.Tagged in: families, renewables, spending, stress
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