Looking For A New Home?

The worsening of the UK housing crisis is well publicised, with the Government vowing to deliver 300,000 new homes every year. 

The pressure on the housing market is significant with the demand for homes outstripping supply.  An increase in life expectancy, immigration, single person occupancy and the demand for second homes being just some of the contributing factors.

For many first time buyers and young people, house prices are out of reach, with ever increasing deposits and monthly payments reducing the number of owner occupiers.

Bourne End is a highly desirable, but expensive place to live.  Many local people are struggling for the opportunity to get on the housing ladder and find a place they can call home.

40% of the new homes delivered at Hollands Farm will be affordable housing.

All figures correct as of June 2018

Struggling To Get On The Housing Ladder?

Wycombe District Council Housing and Economic Land Availability Assessment (HELAA) document highlights a need for 3,100 affordable homes in the area.  On average over the last 3 years, just 54 affordable homes have built each year. 

There is currently 1,362 applicants logged and seeking housing with the Wycombe District Housing Register.

Are you struggling to get on the housing ladder to buy your own home, or on the Wycombe District Council Housing Register? Be the first to hear the latest news on our Affordable Homes by emailing us at info@catesbyestates.co.uk or filling in our comment form.  We are keen to hear from young professionals and key workers who are looking to get on the housing ladder in Bourne End.

What Is Affordable Housing?

Affordable housing is social rented, affordable rented and intermediate housing, provided to eligible households whose needs are not met by the market. 

Options may include:

Help To Buy

The government has created the Help to Buy schemes including Shared Ownership and Equity Loans to help hard-working people like you take steps to buy your own home.

With the government's Help to Buy Shared Ownership scheme you can buy as little as 25% or as much as 75% of a home and pay rent on the rest. 

Help to Buy Equity Loan makes it possible to buy a home with just a 5% deposit whilst Help to Buy Shared Ownership deposits are typically much lower than buying traditionally.

Social Rented Housing

Owned by Local Authorities and private registered providers.

 

Intermediate Housing

Homes for sale and rent provided at a cost above social rent, but below market levels. 

These can include shared equity (shared ownership and equity loans), other low cost homes for sale and intermediate rent, but not affordable rented housing. 

Affordable Rented Housing

Let by local authorities or private registered providers and subject to rent controls that require a rent of no more than 80% of the local market rent.