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West Oxfordshire to prioritise social rent in new homes

Summarised from 2 outlets · Updated 12 Oct, 06:18 · Archive

West Oxfordshire District Council proposes that at least 65 per cent of affordable homes in future developments be allocated for social rent.

West Oxfordshire District Council has proposed that at least 65 per cent of affordable homes in future developments be allocated for social rent as part of its Draft Local Plan 2043. The proposal aims to address a growing shortage of genuinely affordable housing in the area.

Under current policy, around two-thirds of affordable homes are built for affordable rent, typically set at about 80 per cent of market rates. West Oxfordshire currently has more than 1,800 households on its housing waiting list, with an estimated 110 additional households each year unable to afford to buy or rent at market rates.

Geoff Saul, executive member for housing and community safety at West Oxfordshire District Council, said: 'There is a housing crisis in West Oxfordshire. Housing, whether renting or buying, is unaffordable to many and people are being priced out of living locally.' He added that secure, affordable homes allow children to stay settled at school and people to remain close to relatives who depend on them.

West Oxfordshire to prioritise social rent in new homes
Image: Oxford Mail

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In this story: West Oxfordshire District Council · West Oxfordshire · Geoff Saul

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