Rising house prices as well as not enough available properties signify local residents not being able to buy homes in rural areas, new research shows.
Research by the Joseph Rowntree Foundation shows that young people who need housing in rural areas are not as well off as counterparts in the more urban areas.
The study highlights that new houses being built in rural areas fell 4% from 2003 to 2005, whilst those being built in urban areas went up 19% over the same period.
There are not only fewer new homes being built, but, fewer cheaper homes being built. Only 6% of homes in rural areas are termed 'affordable', in contrast to 16% in urban districts.
There are also fewer sales of council houses; the right to buy scheme has meant that there are 36% fewer homes available to rent in rural areas in comparison with 1980.
The Joseph Rowntree Foundation highlights that in some areas the situation is abysmal, with the entire council stock having been sold.
|
||||||||
|
Buying property
Selling property Estate agent fees Free property guides Conveyancing services Mortgage services See all Property Guides
 My estateagents
|
Rural Prices Mean Local Residents Unable to Buy Tue, 02 May 2006
     Recommended linksAsda to Sell HomesParents Assist 42 per cent of First Time Buyers Budget boost for first-time buyers A third of all home buyers gazumped Looking to buy or sell a property Your Guide to Mortgages |
|
||||||
Site Map |
About estateagents.co.uk |
Contact |
Terms & Conditions |
Links |
Press |
Estate Agents Login | 
© 1999-2009 estateagents.co.uk
© 1999-2009 estateagents.co.uk