This article is from the source 'bbc' and was first published or seen on . The next check for changes will be
You can find the current article at its original source at https://www.bbc.com/news/articles/ce9xg1pdyedo
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
| Version 0 | Version 1 |
|---|---|
| Young people in the East of England struggle to buy a first home | Young people in the East of England struggle to buy a first home |
| (1 day later) | |
| Lauren Finch is hoping to get on the housing ladder | Lauren Finch is hoping to get on the housing ladder |
| The government wants 1.5 million new homes to be built in England by 2029 but, with the average house in the East costing £332,000, about nine times the average salary, what chance do young people have of getting on the housing ladder? | The government wants 1.5 million new homes to be built in England by 2029 but, with the average house in the East costing £332,000, about nine times the average salary, what chance do young people have of getting on the housing ladder? |
| Lauren Finch, 29, told BBC Politics East a mortgage broker advised her to ask for a pay rise, get a new job or find a partner to move in with. | Lauren Finch, 29, told BBC Politics East a mortgage broker advised her to ask for a pay rise, get a new job or find a partner to move in with. |
| Living with her 28-year-old sister at her parents' home in Lowestoft, Suffolk, she often finds herself house-sitting for friends as a way to get some independence. | |
| She said her £24,000 salary at a GP surgery meant she could only afford a £90,000 home and would struggle to find a property in the area where she would feel safe. | She said her £24,000 salary at a GP surgery meant she could only afford a £90,000 home and would struggle to find a property in the area where she would feel safe. |
| "I feel frustrated that I'm at this age and living at home and it is a little bit soul-destroying," she explained. | "I feel frustrated that I'm at this age and living at home and it is a little bit soul-destroying," she explained. |
| Renting is an option she hopes to avoid: "People I know who rent, struggle to save any money for a (mortgage) deposit." | Renting is an option she hopes to avoid: "People I know who rent, struggle to save any money for a (mortgage) deposit." |
| Would-be house hunter Charlotte Spendlove (left), Spencer Burrell (middle) of developer Big Sky Living, and businesswoman CJ Green (right) | Would-be house hunter Charlotte Spendlove (left), Spencer Burrell (middle) of developer Big Sky Living, and businesswoman CJ Green (right) |
| Former Miss Cromer contest winner Charlotte Spendlove rents a room in a friend's house and said she received similar advice on getting on the housing ladder. | |
| "They tell you you have to do x, y and z. They've said I need to get an extra job. At one time I had three jobs. But it's not a way of life," she said. | "They tell you you have to do x, y and z. They've said I need to get an extra job. At one time I had three jobs. But it's not a way of life," she said. |
| The 26-year-old believes people with second homes are driving up house prices and wants the government to look into the issue. | The 26-year-old believes people with second homes are driving up house prices and wants the government to look into the issue. |
| The Ministry of Housing, Communities and Local Government said it inherited a "devastating housing crisis" and was providing support for first-time buyers. | The Ministry of Housing, Communities and Local Government said it inherited a "devastating housing crisis" and was providing support for first-time buyers. |
| Average house prices vary across the East of England, according to the Office for National Statistics: | Average house prices vary across the East of England, according to the Office for National Statistics: |
| Cambridge: £521,000 | Cambridge: £521,000 |
| Colchester: £302,000 | Colchester: £302,000 |
| Northampton: £258,000 | Northampton: £258,000 |
| Norwich: £232,000 | Norwich: £232,000 |
| Ipswich: £228,000 | Ipswich: £228,000 |
| The average annual rent in the East of England is approximately £15,660, based on an average monthly rent of £1,305, a 4.2% increase on the previous year. | The average annual rent in the East of England is approximately £15,660, based on an average monthly rent of £1,305, a 4.2% increase on the previous year. |
| Environmentalist, archaeologist and TV presenter Helen Geake (left) talked to Essex builder Oliver Hall (middle) and chair of Eastern Powerhouse James Palmer (right) | Environmentalist, archaeologist and TV presenter Helen Geake (left) talked to Essex builder Oliver Hall (middle) and chair of Eastern Powerhouse James Palmer (right) |
| Environmentalist and archaeologist Helen Geake, a former Green councillor from Suffolk, said: "We have a surplus of homes but they are being used in the wrong way, being used for second homes, or short-term lets, or empty. | Environmentalist and archaeologist Helen Geake, a former Green councillor from Suffolk, said: "We have a surplus of homes but they are being used in the wrong way, being used for second homes, or short-term lets, or empty. |
| "Also, private rentals are a very inefficient use of a house. We have got to see more homes with owner-occupiers and socially rented." | "Also, private rentals are a very inefficient use of a house. We have got to see more homes with owner-occupiers and socially rented." |
| James Palmer, chair of regional business champion the Eastern Powerhouse, has called for better infrastructure to be built to support new housing. | James Palmer, chair of regional business champion the Eastern Powerhouse, has called for better infrastructure to be built to support new housing. |
| Speaking at a BBC Politics East special at the Big Sky Living development at Cringleford, on the outskirts of Norwich, he said: "The public transport in the East is appalling. | Speaking at a BBC Politics East special at the Big Sky Living development at Cringleford, on the outskirts of Norwich, he said: "The public transport in the East is appalling. |
| "We need a long-term infrastructure plan to then deliver the homes." | "We need a long-term infrastructure plan to then deliver the homes." |
| A new estate is being built at Cringleford on the outskirts of Norwich | A new estate is being built at Cringleford on the outskirts of Norwich |
| A Ministry of Housing, Communities and Local Government spokeswoman said: "We have inherited a devastating housing crisis. | A Ministry of Housing, Communities and Local Government spokeswoman said: "We have inherited a devastating housing crisis. |
| "As set out in our plan for change, we will build 1.5 million new homes and give working people the stability and security of a home they deserve. | "As set out in our plan for change, we will build 1.5 million new homes and give working people the stability and security of a home they deserve. |
| "We're committed to supporting first-time buyers with a new permanent mortgage guarantee scheme, helping them take their first crucial step on the ladder with a small deposit." | "We're committed to supporting first-time buyers with a new permanent mortgage guarantee scheme, helping them take their first crucial step on the ladder with a small deposit." |
| BBC Politics East will be broadcast on Sunday, 22 June at 10:00 BST on BBC One in the East of England, and will be available after broadcast on BBC iPlayer. | BBC Politics East will be broadcast on Sunday, 22 June at 10:00 BST on BBC One in the East of England, and will be available after broadcast on BBC iPlayer. |
Previous version
1
Next version