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Category Archives: Housing
Cornwall rent “very unaffordable”
A recent Shelter report has found that 85% of housing in the south west has been deemed unaffordable based on the average rent for a two-bedroom house compared to the average local wage.
The report stated that: “Unaffordable private rents are most common in urban areas but not exclusive to them, with a number of rural authorities, such as Cornwall…being very unaffordable.”
In Cornwall alone, almost half of housing is classed as “very unaffordable” relative to average income.
This situation in the Duchy is symptomatic of the south west as a whole – only five of the 34 local authorities analysed in the region had affordable rents that took up less than 35% of local median full-time pay. Continue reading
Posted in Business News, Housing
Tagged newquay business, newquay business news, newquay news
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Newquay housing shortage could be helped by new council initiative
Cornwall Council has developed an Empty Property Strategy. It is
currently under consultation. You can view the Empty Property Strategy here.
Cornwall is 1,376
square miles in area with population of 524,000, which gives a relatively low
populati… Continue reading
What is the housing market like in Newquay?
The new government has now been in power for a few months
and the economy seems to still be on the up but what have these changes done to
the housing market in Newquay? We all
know that prices took a sharp drop after they hit a ridiculous high a … Continue reading