New data by flatshare site SpareRoom reveals the shocking amount of money being spent on rent every month, with over 80% of renters spending more than 30% of their take home pay on rent, and almost one in three (29%) handing over more than 50% of their pay. People spending more than 30% of their household income on rent are traditionally considered ‘rent burdened’, those who spend over 50% are considered ‘severely rent burdened’. SpareRoom’s data shows the majority of renters are currently ‘rent burdened’. This means many will already have difficulties affording necessities...
Local housing association Aster Group is set to build 290 new affordable homes in Devon after securing nine new development deals, representing one of its biggest ever single investments in the county.
The new affordable homes for local people will be built in locations including:
102 in Cranbrook, Exeter
61 in Matford, Exeter
22 in Swan Park, Dawlish
17 Mead Park, Bickington
17 Larkbear Tawcroft in Barnstable.
Construction is already underway at Mead Park and Larkbear Tawcroft, with the first tranche of...
Taylor Wimpey has announced that over 98% of its homes have been sold at Riverside Walk , a community of 101 high-quality new homes located on the outskirts of Exeter.
Riverside Walk has just two stunning homes remaining, the three bedroom Byford priced £315,000 and the four-bedroom Trusdale priced £388,000. Currently starting from £305,000, the homes have all been thoughtfully designed to be in keeping with the local area and are built to maintenance-light, modern standards with contemporary grey windows for added curb appeal.
A recent study from conveyancing solicitors, Bird & Co, has uncovered the UK’s most sought-after locations, having analysed June 2021 figures from the Office of National Statistics, HM Land Registry and Rightmove.
Known for its stunning beaches and bustling historic cities, Devon has scooped the top spot as the most migrated to county in the United Kingdom.
The study found that a whopping 8,521 UK citizens moved to this region in 2020, a marked change from the previous year, when Devon came second to that of Kent.
The CEO of the UK's largest housebuilder today welcomed Exeter leaders to one of its newest developments to demonstrate how they are helping to reduce the acute shortage of homes across Devon.
The Lord Mayor of Exeter, Councillor Trish Oliver, and Exeter City Council leader Philip Bialyk were given a tour of Victoria Heights , Alphington, by Barratt Developments chief executive David Thomas, who is visiting the region this week.
The first residents have now moved into the new community on the outskirts of the city, part of the wider South West Exeter development. This...
the Experts in Property, the South West’s network of independent estate agents, is delighted to launch their ‘Hedgehog Friendly Property’ initiative, a new campaign designed to support the plight of our endangered prickly friends.
The hedgehog first evolved around 15 million years ago and is one of the oldest mammals on the planet. In the 1950’s, hedgehog population around Britain was estimated to be around 36.5 million, but by 1995 the number had drastically plummeted to around 1.5 million and the latest estimate is that there are just 1 million hedgehogs left in Britain. Last...
Work has started to build 74 new homes across two former school sites in Exwick.
Exeter City Councillors gave the go-ahead last June for LiveWest to build 43 homes on the former Exwick Middle School site in Higher Exwick Hill and 31 homes on the site of the former Foxhayes School in Gloucester Road.
Now work has begun to build a mixture of social rent and shared ownership homes across both sites.
LiveWest, the largest housing association across the South West, has joined forces with Classic Builders on the 18-month project.
Leading modular housing firm plans to deliver 165 new homes at Exmouth Junction, Exeter
Leading modular housing company ilke Homes has secured a development site for 165 new homes on Phase 2, Exmouth Junction, Exeter from Eutopia Homes.
The scheme, which will be delivered on a brownfield site that has laid vacant for many years, will comprise 165 new homes, comprising a mix of one and two-bed apartments and two, three and four-bed homes - subject to receiving final planning consent.
The site, currently owned by Eutopia Homes, was most recently used as a self-storage yard...
Yesterday provided some very interesting housing market intelligence. Hard data from HMRC and market commentary from Rightmove showed that the only certainty is uncertainty and there is no need to rush into buying a home today if you don’t actually need to move home tomorrow. Perhaps Time, Time, Time is the new Location, Location, Location
For me, the most telling commentary was from Rightmove for whom the current level of housing market uncertainty rendered them unable to provide guidance on their future profitability. Rightmove’s revenues are generated from estate agents and...
Burrington Estates New Homes continues to build on its success as it receives the highest rating of 5-stars in the recent independent homebuyers’ customer satisfaction survey by the Home Builders Federation (HBF) Star Rating Scheme. The 5-star accreditation states over 90% of their customers would recommend Burrington Estates New Homes to a friend. This outstanding result reflects the continued investment in providing exceptional customer service and aligns with their vision of creating beautiful places to live and work whilst building enduring communities.
