Mortgage & Property Advice Centre for First Time Home Buyers

Government warned over affordable rural housing scheme

30-Sep-2005

It has been claimed that measures designed to improve affordable housing options in the countryside are not working.

According to Moira Constable, of the Rural Housing Trust, the government's shared ownership schemes can only provide part of the solution to the growing problem of a lack of affordable housing for aspiring homeowners.

Click here to learn more about joint ownership, buying with friends or family

Earlier this year, the government unveiled plans to offer first time buyers shared ownership schemes to help them finance their purchase, but Ms Constable argues that there cannot be a situation whereby the building of new affordable houses continues almost indefinitely.

Unless more money is put into the development of affordable housing options in rural areas, Ms Constable claims villages will become "enclaves for the very rich".

See what’s in our unique, comprehensive and detailed joint ownership guide

Rural affairs minister Jim Knight agreed that more needed to be done, adding that delivering affordable housing for aspiring first time buyers in rural areas is "undoubtedly the biggest challenge we face in rural England".

Click here for our first time buyers guide to buying a property

Click here to see what properties are on the market in your area – whether you buy alone or with others

If you want to post your comments on today's news in the FirstRung Forum click here

Article Options:

Email this article to a friend

Get updates from our RSS Feed

Post this article to:

del.icio.us

Digg

Reddit

2008: Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2007: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2006: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2005: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar

Newsletter

Free First Time Buyer Newsletter

Register

20 second poll - How optimistic are you?

Are properties in your area more expensive than they were a year ago?

Yes
No

Are you keener to buy a property now than you were this time a year ago?

Yes
No

Are the finance options for FTBs better now than they were a year ago?

Yes
No

Would it be better to wait until this time next year?

Yes
No

Would you ideally like to be able to buy your first home now?

Yes
No