Hopes for first-time buyers with Sedgemoor development

Hopes for first-time buyers with Sedgemoor development Hopes for first-time buyers with Sedgemoor development

AN affordable housing development could provide firsttime buyers from several villages in Sedgemoor with somewhere to live.

The Southwestern Housing Society is seeking planning permission for 11 houses – seven two-bed and four three-bed – at Ashlawn Farm off Pill Road in Rooksbridge.

A survey of housing needs in several Sedgemoor villages, including Rooksbridge, East Brent, Badgworth and Chapel Allerton, concluded that 14 affordable homes would be needed over the next five years, including six for first-time buyers.

Comments(12)

Koenigninners says...
7:39am Fri 4 Jan 13

Here we go again, 'Affordable Homes' but affordable by who? WHY is it so difficult to get a simple definition as to exactly what 'Affordable Homes' are, one would perhaps think logically that an affordable home is one that is within the financial reach of someone working in Bridgwater and earning the average wage for Bridgwater. I rather fear, however, that such people will still find these houses way beyond their means..

File Yer Own Bleedin Teeth says...
7:06pm Fri 4 Jan 13

Koenigninners wrote:
Here we go again, 'Affordable Homes' but affordable by who? WHY is it so difficult to get a simple definition as to exactly what 'Affordable Homes' are, one would perhaps think logically that an affordable home is one that is within the financial reach of someone working in Bridgwater and earning the average wage for Bridgwater. I rather fear, however, that such people will still find these houses way beyond their means..
Affordable by who?. Precisely. Hopefully we will receive an answer.

jimee says...
4:50pm Mon 7 Jan 13

Affordable by anyone who has saved something towards a deposit...especially with mortgages being lower than rent these days.

BaldCarl2 says...
9:56pm Mon 7 Jan 13

Let me guess, will these "affordable" homes be part buy, part rent?

A nice scheme where friendly housing associations put the rent up each year by about 5 to 10 percent. It doesn't take long for the rent to substantially increase making it no longer affordable.

Koenigninners says...
2:36am Tue 8 Jan 13

jimee wrote:
Affordable by anyone who has saved something towards a deposit...especially with mortgages being lower than rent these days.
Clearly someone who hasn't a clue as to the real world and the criteria that needs to be met in order to actually obtain a mortgage, mortgages are cheaper usually but you generally need a pretty big deposit, 10% or about £10000 for a £100k house, they will then lend you 4 times your salary so you need to be earning about £23k a year as well. Not quite the ANYONE who has saved something towards a deposit eh Genius?

Blue Owl says...
3:21am Tue 8 Jan 13

If you read the report, it states that the village of Rooksbridge and surrounding villages have been found to be needing affordable homes. that means for residents, who are dependants of those villages, there is a strict criteria applied to ensure that only local people are offered these properties.
This is to maintain the viability of these rural communities, who do not have the opportunity to rent or buy in their own area, due to a shortage of properties, identified in the report.
Regards Blue-Owl.

File Yer Own Bleedin Teeth says...
11:29am Tue 8 Jan 13

Blue Owl wrote:
If you read the report, it states that the village of Rooksbridge and surrounding villages have been found to be needing affordable homes. that means for residents, who are dependants of those villages, there is a strict criteria applied to ensure that only local people are offered these properties.
This is to maintain the viability of these rural communities, who do not have the opportunity to rent or buy in their own area, due to a shortage of properties, identified in the report.
Regards Blue-Owl.
Sounds great - but can those local people AFFORD these homes?.

Anonymous Me says...
4:19pm Tue 8 Jan 13

Part of the problem is, do the potential first time buyers give much priority to saving for a deposit. i.e. are they willing to give up their nights out binge drinking, their 'must have' holidays abroad twice a year, cigarettes and expensive contract mobiles?
Some might be sensible, but many aren't willing to sacrifice their lifestyle in exchange for their own property.

Blue Owl says...
9:54pm Tue 8 Jan 13

Anonymous Me wrote:
Part of the problem is, do the potential first time buyers give much priority to saving for a deposit. i.e. are they willing to give up their nights out binge drinking, their 'must have' holidays abroad twice a year, cigarettes and expensive contract mobiles?
Some might be sensible, but many aren't willing to sacrifice their lifestyle in exchange for their own property.
You have hit the nail well and truly on the Head, so to speak, we in are younger days, when first engaged or married, scrimped and saved, bought or scrounged from relatives or second hand shops, all our household needs, except for I remember the Washing machine, which was given by my in laws as a Wedding Gift to us.
No luxury hols, 1 week in a caravan in Padstow for our Honeymoon. Rained the entire week, but who cared we were on Hols.
We were not on big earnings, neither of us, but we made do, and saved for the things that were important to us, no Tick, On the book, weekly payment Terms, it's that which can get you into debt, as you are still paying off huge interest repayments on the new items.You also appreciate more the item when you've saved for it.
That washing machine lasted us for over 12 Years, with all the washing it did, no throw-Away nappies,at stupid prices, reusable Terries, cotton.
Regards Blue-owl.
Money is hard to earn, but so much easier to throw away on the wrong lifestyle decisions. Spend more than you earn, results you will never have anything.!!

File Yer Own Bleedin Teeth says...
12:21am Wed 9 Jan 13

Blue Owl wrote:
Anonymous Me wrote:
PartThe washing machine may have lasted 12 years, which is fine, and a good quality product, but in making it last, and not buying a new one every six months, you were not really helping the industiral nations who were producing and selling these type of goods.

Blue Owl says...
9:50am Wed 9 Jan 13

File Yer Own Bleedin Teeth wrote:
Blue Owl wrote:
Anonymous Me wrote:
PartThe washing machine may have lasted 12 years, which is fine, and a good quality product, but in making it last, and not buying a new one every six months, you were not really helping the industiral nations who were producing and selling these type of goods.Apologies, for my washing machine, being efficient, as ' It did what it said on the Tin', however, I can go into a little more detail as you asked! The manufacturer was Zannusi, made under contract for Curry's, so bought from a Bridgwater Store Retailer, we did have to have over the 12 year period 7 New Timer Control's, all replaced under Warrentee, so that's what I call, a greeeeeeeat piece of service and technology.
Now the Sting, when our Washing machine eventually when too the "Great Washing Machine Graveyard" we obviously plumped for another Zannusi, in now 1986, this proved to be an error, as it's life was Short, only 5 Years, RIP.
So the moral, is not the name, but who and where it was made now, and to use the Which Reports on White Goods to aid ones decision.
Regards Blue-Owl.
P.s With this experience, it was obvious that when my Son, left Bridgwater College, Business Studies, he's now 36, he got a Trainee Managers Position with guess who,
Curry's / P C World Group. In the Eastover Store, as it was then, he is still with the Company, in Management in Store.
Regards David Preece

bts73 says...
7:33pm Wed 9 Jan 13

Affordable means 'constructed using paper walls so you can hear those in the bathroom reaching for the loo roll, fixtures and fittings that will fall apart after a few weeks use, and liable to catastrophic subsidence after a year or two !'

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