How seaside town's new homes policy will allow more people to buy a property
manchestereveningnews.co.ukA new policy to ensure more people have access to new homes in Blackpool has been put in place. The measure, which has been approved by the council’s executive, sets out the level of affordable housing which developers must include in any schemes and also stipulates it must be indistinguishable from the market value homes.
A council report says there is "a pressing need for the provision of quality affordable housing” in the borough. It says: “Despite relatively low house prices and rents in Blackpool, affordability is a serious issue across the borough because of the prevalence of households with very low incomes. “Many of these low income households do not have the ability to save for a deposit or may not be able to obtain a mortgage.” The policy means all developments of more than 15 homes outside the inner areas will be expected to comprise 30 per cent affordable housing, and 70 per cent of those should be available for affordable rent.
It means a development of 80 homes must include 24 affordable homes, and affordability must be maintained in perpetuity. They should be integrated into the development rather than concentrated in a single area, and designed to prevent properties from being easily distinguished from the open market accommodation.
It is also hoped the strategy will help the town provide better quality housing to break the cycle of many low income residents having no choice but to live in small bedsits and HMOs (houses in multiple occupation).
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