DCSIMG

‘Drought’ of family homes

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A charity that helps to tackle homelessness has warned that Broxtowe, which includes Eastwood and Kimberley, is facing a ‘drought’ of affordable homes.

New research by Shelter revealed that 77.5% of properties currently on the market are ‘unaffordable’ for first-time buyers.

This translates to just 178 out of 791 two-bedroom properties being within the price range of those wanting to climb onto the property ladder.

Further afield, 81% of properties for sale in the East Midlands are too expensive for the average working family looking to buy their first home.

Delivery driver John Carley, 45, said that he could not afford to buy a house with his partner as she is blind and on disability benefits, which restricted the size of mortgage they could apply for, so they joined a shared ownership housing scheme instead.

Currently they own 75 per cent of their house on Aldenham Close, Beeston, with housing association Derwent Living owning the rest and renting it to the couple.

John said: “Some of the houses we looked at would have been right at the top of our price range.

“We had to apply for a mortgage we could afford.”

Leader of Broxtowe Borough Council, Cllr Milan Radulovic said that affordable houses had been built in Eastwood recently, including 46 newly-built homes on Chewton Street and Wilson Road.

He added: “We are one of very few local authorities still building affordable homes and are proud to do so, 
even in difficult economic times.”

 

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