New schemes and new builds the key for first time buyers according to homes boss

New schemes and new builds the key for first time buyers according to homes boss

New schemes and new builds the key for first time buyers according to homes boss

First published in News

TENDRING council’s housing boss believes new schemes or buyers building their own properties could be the way forward.

Paul Honeywood says the council are doing their best to help people fly the nest after it was revealed 4,800 – some 37 per cent - of Tendring workers aged 20 to 34 are still in the family home.

“As everyone is aware there is a need to build more properties and the council is looking to build more houses.

“Our regulations mean people working are automatically moved up a band when searching for council housing.

“This way we are helping to reward the people who contribute to the district’s prosperity.

“Another option is for people to look at building their own homes which can work out to be more affordable; however it does not seem to be something which happens widely.”

A pioneering scheme has been launched by the Lawford Housing Enterprise Trust, whereby as part of the new Lawford Park development, a percentage of tenant’s monthly payments will be set aside and returned to them at the end of their letting agreement.

Parish council chairman and Tendring councillor for the village Alan Coley said: “Tenants will be charged the local authority rent with a percentage held back in an investment account.

“Hopefully it will then enable them to move onto the next rung of their personal housing ladder."

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree