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The "Housing Ladder" is broken.

The Economist reports that the private rental sector is still seen as a transition zone where people save for a mortgage deposit and then begin to climb the housing ladder. No more. "The ladder is deeply embedded into British thinking. On its most narrow definition, it is usually taken to mean the idea of first-time […]

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More and more young adults are having to live with their parents.

in 1980 nearly 50% of 18-34 year olds lived in their own home with their children. Today it is 20%. The dream of a home of your own for the young has become ever more distant. Not since 1876 have house prices been as expensive relative to earnings. Between 1910 and 1990 the average house […]

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“You have to save, and that’s the way it always used to be,” REALLY!

The Times 06/01/2024 Sir Howard Davies: Not that difficult to buy a home, says NatWest chair The Zoopla data suggests rent on new lets was 9.7% higher in October compared with a year earlier, averaging £1,201 a month.... the average cost of a new let going up by 31%, or £3,360 a year, over the […]

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"Spending on affordable housing in England to be slashed in 2024"

This was the headline on a story in the Financial Times on 4th January. Housing associations have cut their planned spending on affordable homes by 9% "The number of homes English housing associations expect to build over the next five years has also dropped by 64,000 since 2022," The FT reports that in England, there […]

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Six times more newly homeless families than new social houses, England data shows

Newly homeless families now outnumber newly built social homes by six to one, according to official figures for England released on Thursday that expose the widening gap between increasing need and the availability of cheap homes. Only 8,386 new social homes were built in England in 2022-23, while in the same period 52,800 households were accepted by councils as […]

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Rough Sleeping in London is Rising Again

Anna Flack has published today an article on Rough Sleeping in London "More than 10,000 people slept rough in London between April 2022 and March 2023, marking a 21 percent increase from the previous year, according to data from London’s Combined Homelessness and Information Network (CHAIN). The news comes as the deadline for the UK […]

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Increasing concern about really affordable housing

BBC Panorama Cost of Living: Can’t Afford My HomeWhat does the winter hold for people struggling to get a home, or hold on to the one they already have? The rapid increase in interest rates has left many at breaking point. With mortgage rates up and rents soaring, Panorama spends time with those trying to […]

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No homes to rent for under £1,000/month in Faversham

Analysis by KentOnline reveals that in half of the county's towns, there are no houses available to rent for less than £1,000 per month. more Meanwhile, in some areas there aren't any available at all. One Kent MP has described the situation as "extremely concerning", while estate agents admit "there's very little around at sensible […]

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Faversham has Hidden Homeless

Public meeting Thursday 16th December 2021 The videos of the presentations are available here

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Faversham  Community Land Trust is a Community Benefit Society Registration Number 8109
Registered Office: 12 Market Place, Faversham, Kent ME13 7AE | Email: info:favershamcommunitylandtrust.org
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